Benzinga | Aug 9, 2021 04:10PM EDT

BrightSpire Capital Announces Secondary Offering Of 8.25M Shares of Class A Common Stock

BrightSpire Capital, Inc. (NYSE:BRSP) ("BrightSpire Capital" or the "Company") announced today that a selling stockholder affiliated with DigitalBridge Group, Inc. ("DigitalBridge") has commenced a secondary offering of 8,250,000 shares of BrightSpire Capital's Class A common stock. The selling stockholder intends to grant the underwriters a 30-day option to purchase up to 1,237,500 additional shares of the Company's Class A common stock.

BrightSpire Capital is not offering any shares of Class A common stock in the offering and will not receive any proceeds from the sale of shares in this offering. In addition, none of BrightSpire Capital's directors or officers are selling any shares of Class A common stock in this offering.

BofA Securities and J.P. Morgan are serving as underwriters and joint book-running managers for the offering.

The offering of these securities is being made pursuant to an effective shelf registration statement. This offering will be made only by means of a prospectus. A copy of the prospectus, when available, may be obtained from: BofA Securities, Attention: Prospectus Department, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, email: dg.prospectus_requests@bofa.com, and J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 1-866-803-9204.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.