Preferred Stock Offering Details: |
Jernigan Capital, Inc. (NYSE:JCAP) (the "Company") today announced that it has commenced an underwritten public offering of its newly designated Series B cumulative redeemable perpetual preferred stock (the "Series B Preferred Stock"). he Company expects to grant the underwriters a 30-day option to purchase additional shares of Series B Preferred Stock. The Company intends to apply to list the shares of Series B Preferred Stock on the New York Stock Exchange under the symbol "JCAP PR B." |