Innovative Industrial Properties raises authorized share count to 175 million

By Public Technologies
  • Innovative Industrial Properties amended its charter to raise authorized shares to 175,000,000 from 100,000,000.
  • Common stock authorization increases to 100,000,000 shares from 50,000,000.
  • Preferred stock authorization increases to 75,000,000 shares from 50,000,000.
  • Changes take effect at 12:01 a.m. ET on Sept. 25, 2026.
  • Board can increase authorized shares without shareholder action under the charter.


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