Real Estate News

Lexington Realty Trust Rebrands and Changes Name to LXP Industrial Trust

Highlights Successful Transformation to Industrial Focused Portfolio and Growth Strategy

NEW YORK, Dec. 15, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE: LXP) (“LXP” or “the Company”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced a corporate rebranding and name change to LXP Industrial Trust.

Matterport, Inc. Announces Redemption of Public Warrants

SUNNYVALE, Calif., Dec. 15, 2021 (GLOBE NEWSWIRE) -- Matterport, Inc. (“Matterport” or the “Company”) (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that the Company will redeem all of its outstanding warrants (the “Public Warrants”) to purchase shares of the Company’s Class A common stock, par value $0.0001 per share (“Common Stock”), that were issued under the Warrant Agreement entered into between the Company and Continental Stock Transfer & Trust Company (“Continental”) on December 15, 2020, as amended by that certain First Amendment to Warrant Agreement, by and among the Company, Continental and American Stock Transfer & Trust Company (“AST”), dated as of July 22, 2021 (as amended, the “Warrant Agreement”), as part of the units sold in the Company’s initial public offering (the “IPO”) and that remain outstanding at 5:00 p.m.

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