We represented Gladstone Land Corporation in its underwritten public offering of 1,150,000 shares of common stock for net proceeds of approximately $13.3 million. Janney Montgomery Scott LLC, Ladenburg Thalmann & Co. Inc., Nomura Securities International, Inc., FBR Capital Markets & Co., a B. Riley Financial Company, and Oppenheimer & Co. Inc., acted as joint book-running managers for the offering and Maxim Group LLC, National Securities Corporation and Wedbush Securities Inc. served as co-managers.
Gladstone Land Corporation (NASDAQ: LAND) is a REIT that invests in farmland and leases it to corporate and independent farmers.