Healthcare Trust of America, Inc. Announces Anticipated Timing of Follow-On Offering
SCOTTSDALE, Ariz., Feb. 1 /PRNewswire/ -- Healthcare Trust of America, Inc., ("HTA"), a self-managed, non-traded, real estate investment trust, filed a Registration Statement on Form S-11 relating to its proposed follow-on offering of up to $2.2 billion of shares of its common stock with the Securities and Exchange Commission ("SEC") on April 6, 2009. Shares of common stock sold in the primary offering will be sold at a price of $10.00 per share and shares sold pursuant to HTA's distribution reinvestment plan will be sold at a price of $9.50 per share.
On January 20, 2010, HTA filed a pre-effective amendment to the Registration Statement with the SEC.
HTA anticipates that the proposed follow-on offering will begin in the middle of February 2010, subject to final regulatory approvals. Upon the effectiveness of HTA's follow-on offering, its current offering will be terminated.
FORWARD-LOOKING LANGUAGE
This press release contains certain forward-looking statements with respect to HTA. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management's intentions, beliefs, expectations, plans or predictions of the future, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: uncertainties of regulatory approvals, uncertainties relating to changes in general economic and real estate conditions; uncertainties regarding changes in the healthcare industry; the uncertainties relating to the implementation of HTA's real estate investment strategy; and other risk factors as outlined in HTA's prospectus, as amended from time to time, and as detailed from time to time in the HTA's periodic reports, as filed with the Securities and Exchange Commission.
SOURCE Healthcare Trust of America, Inc.
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