Articles from Cantor Fitzgerald Income Trust, Inc.

Cantor Fitzgerald Income Trust, Inc. Announces Offering of Series A Preferred Stock
Cantor Fitzgerald Income Trust, Inc., a Maryland corporation (the “Company”), today announced the commencement of a proposed underwritten public offering of 2,000,000 shares of its Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”). The Company also expects to grant the underwriters a 30-day option to purchase an additional 300,000 shares of the Series A Preferred Stock to cover over-allotments, if any. The Series A Preferred Stock will have an initial liquidation preference of $25.00 per share. The Company intends to contribute the net proceeds from the offering to its operating partnership, Cantor Fitzgerald Income Trust Operating Partnership, L.P., which in turn intends to use the net proceeds to acquire the Company’s targeted assets in a manner consistent with its investment strategies and investment guidelines, refinance, repurchase or repay certain existing indebtedness of the Company and its subsidiaries, including amounts outstanding under its credit facility, and for general corporate purposes.