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PROLOGIS ANNOUNCES COMMON STOCK OFFERING
Prologis, Inc. (NYSE: PLD) (the "Company" or "Prologis") announced today the commencement of an underwritten public offering of 15,000,000 shares of its common stock.
About this update from Prologis, Inc.
SAN FRANCISCO, Aug. 4, 2026 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) (the "Company" or "Prologis") announced today the commencement of an underwritten public offering of 15,000,000 shares of its common stock. J.P. Morgan and BofA Securities are acting as the underwriters for the offering. The Company expects to grant the underwriters a 30-day option, exercisable in whole or in part from time to time, to purchase up to an additional 2,250,000 shares of the Company's common stock solely to cover overallotments in connection with the offering. The Company intends to contribute the net proceeds from this offering to its operating partnership, which intends to use the net proceeds from the offering for general corporate purposes, including to fund potential acquisitions such as SEGRO plc ("SEGRO"). There can be no assurance that the Company will complete the SEGRO combination on the proposed terms, on the anticipated timeline, or at all. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale is not permitted. All of the shares of common stock will be offered pursuant to the Company's effective shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). A preliminary prospectus supplement and accompanying prospectus relating to the offering will be filed with the SEC. When available, a copy of the preliminary prospectus supplement and accompanying prospectus relating to the offering may be obtained from J.P. Morgan Securities LLC, Attention: c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by emailing [email protected] and [email protected]; BofA Securities, Inc., Attn: Prospectus Department, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001 or by emailing [email protected]; or by visiting the EDGAR database on the SEC's website at www.sec.gov. ABOUT PROLOGIS The world runs on logistics. At Prologis, we don't just lead the industry, we define it. We create the intelligent infrastructure that powers global commerce, seamlessly connecting the digital and physical worlds. From agile supply chains to clean energy solutions, our ecosystems help your business move fas...