Original News Release posted at BusinessWire

Plymouth Industrial REIT, Inc. (NYSE American: PLYM) (the “Company”) today announced the commencement of a proposed underwritten public offering of 1,800,000 shares of its Series A Cumulative Redeemable Preferred Stock, $0.01 par value per share (“Series A Preferred Stock”), subject to market and other conditions. The Company expects to grant the underwriters a 30-day option to purchase up to 270,000 additional shares of Series A Preferred Stock to cover over-allotments, if any. The Company has applied to list the shares of Series A Preferred Stock on the NYSE American under the symbol “PLYM-PrA” and, if the application is approved, trading is expected to begin within 30 days after the initial delivery of the shares of Series A Preferred Stock.

The Company intends to contribute the net proceeds from the offering to Plymouth Industrial OP, LP, its operating partnership, which intends to use $5.0 million of the net proceeds to repurchase 263,158 shares of the Company’s common stock from…

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