Stock Market

FrontView REIT, Inc. Announcing the Underwriters' Exercise of their Option to Purchase 1,090,846 Shares, Increasing Net Assets to $271.5 Million

DALLAS, October 22, 2024 /PRNewswire/ — FrontView REIT, Inc. (“The Company” or “FrontView”) (NYSE: FVR) today announced that the underwriters of its previously announced initial public offering have exercised their option to purchase an additional 1,090,846 shares of the Company. common stock at the initial public offering price of $19.00 per share, underwriting discounts and commissions. The shutdown option will start October 23, 2024under cultural conditions. After exercising the closing option, the Company sold an aggregate of 14,290,846 shares of its common stock in the offering, representing approximately net proceeds. $271.5 millionbefore writing down discounts and commissions and estimated costs paid by the Company.

The Company's common stock began trading at New York Stock Exchange to October 2, 2024 under the ticker symbol “FVR.”

Morgan Stanley, JP Morgan, Wells Fargo Securities again BofA Securities served as co-authors of this offering. Capital One Securities again CIBC Capital Markets work as partners.

The registration statement relating to these securities has been declared effective by US Securities and Exchange Commission to October 1, 2024.

The offering is made only through a prospectus. Copies of the final prospectus relating to this offering may be obtained from Morgan Stanley, Prospectus Department, 180 Varick Street, New York, NY 10014, or by email at prospectus@morganstanley.com; JP Morgan Securities LLC,c/o Broadridge Financial Solutions (NYSE:), 1155 Long Island Avenue, Edgewood, NY 11717 or by email at prospectus-eq_fi@jpmchase.com again postalmanualrequests@broadridge.com; again Wells Fargo Securities, 90 South 7th Street5th floor, Minneapolis, MN 55402, at 800-645-3751 (option #5) or by email at WFScustomerservice@wellsfargo.com; again BofA SecuritiesNC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attention: Prospectus Department or by email at dg.prospectus_requests@bofa.com.

About FrontView

FrontView is an internally controlled rental REIT that acquires, owns and principally manages outdoor properties leased to a diverse group of tenants. The company is classified as a “real estate first” investment model that focuses on outlying properties located in prime locations with direct links to busy streets that are highly visible to buyers. FrontView is a net lease growth REIT and owns a highly diversified portfolio of 278 outdoor properties with direct frontage in all 31 US states as of June 30, 2024. Its tenants include service-oriented businesses, such as restaurants, mobile phone stores , financial institutions. , auto dealerships and dealerships, medical and dental providers, pharmacies, grocery and gas stores, car washes, home improvement stores, grocery stores, professional services and general employers.

Forward-Looking Statements

Certain statements contained in this press release may be considered forward-looking statements 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. FrontView intends that all forward-looking statements be incorporated by the applicable provisions of the port of forward-looking statements contained in those acts. Such forward-looking statements can generally be identified by FrontView's use of forward-looking words such as “may,” “potential,” “anticipate,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” “seek,” “goal,” “goal,” “strategy,” “plan,” “focus,” “important,” “must,” “possible,” “possible,” “likely,” “looking forward,” “”hopeful,” or similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of their release. Such statements are subject to certain risks and uncertainties, including known and unknown risks, that could cause actual results to differ materially from those anticipated or anticipated. such statements are not intended to be a guarantee of FrontView's future performance.Except as required by law, FrontView does not undertake any obligation to revise or revise any forward-looking statements contained in this release.

Investor Contacts
media@frontviewreit.com




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