FAM Real Estate Investment Trust Completes $58.8 Million Initial Public Offering

FAM Real Estate Investment Trust (F.UN, F.WT) announced today that it has completed its IPO, raising gross proceeds of $58.8 million. A total of 5,880,000 units were sold. Each offered unit consists of one trust unit in the capital of the REIT and one quarter of one trust unit purchase warrant of the REIT at a price of $10.00 per offered Unit. Each warrant entitles the holder to acquire one trust unit at an exercise price of $10.50 per Warrant Unit at any time following closing of the Offering a...