SmartStop announces closing and full option exercise of public offering

SmartStop announced that its public offering closed April 3, 2025 with 31.05 million shares sold at USD 30 per share, including the full 4.05 million-share option. Gross proceeds were USD 931.5 million, as corroborated by participating bookrunner Baird. Wells Fargo Securities was a joint bookrunning manager. The issuer’s publication date was April 8, not the closing date.