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January 14, 2013
17:45 EDTRASRAIT Financial announces full exercise of underwriters’ option
RAIT Financial Trust, announced that the underwriters exercised, in full, the option related to RAIT’s public offering of 9M common shares that closed on December 21 and which raised net proceeds of $49M for RAIT, after payment of the underwriting discount and estimated offering expenses. The option covers an additional 1,350,000 common shares and is expected to generate additional net proceeds of approximately $7.4M. The option closing is scheduled for Wednesday, January 16, 2013. RAIT intends to use the additional net proceeds to make investments relating to its business and for general corporate purposes.
News For RAS From The Last 14 Days
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March 26, 2015
08:49 EDTRASRAIT Financial management to meet with JMP Securities
Meeting to be held in the Midwest on March 31 hosted by JMP Securities.
March 18, 2015
10:00 EDTRASOn The Fly: Analyst Downgrade Summary
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07:57 EDTRASRAIT Financial downgraded to Neutral from Buy at Ladenburg
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March 17, 2015
07:45 EDTRASRAIT Financial sees FY15 CAD $1.02-$1.20 including items, consensus $1.10
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