American Assets Trust Inc. Common Stock: Regular Trading Hours and Secondary Offering

Are you looking to invest in American Assets Trust Inc. (AAT) common stock? If so, it's crucial to understand the regular trading hours and the concept of a secondary offering. In this article, we'll delve into these aspects, providing you with valuable insights to make informed investment decisions.

Understanding Regular Trading Hours

The regular trading hours for American Assets Trust Inc. common stock are from 9:30 a.m. to 4:00 p.m. Eastern Time (ET). During these hours, investors can buy and sell AAT stock on the New York Stock Exchange (NYSE). It's important to note that trading outside of these hours is not possible, as it can lead to significant price discrepancies and increased risk.

What is a Secondary Offering?

A secondary offering is a process where a company allows existing shareholders to sell their shares to the public. In the case of American Assets Trust Inc., a secondary offering can provide liquidity to investors and raise additional capital for the company. This process involves several key steps:

1. Announcement: The company announces its intention to proceed with a secondary offering through a press release.
2. Underwriting: An investment bank underwrites the offering, ensuring that the shares are sold at a fair price.
3. Registration: The company files a registration statement with the Securities and Exchange Commission (SEC), detailing the offering's terms and conditions.
4. Trading: Once the registration statement is effective, the shares are offered to the public, and trading begins.

Benefits and Risks of Secondary Offerings

Benefits:

• Liquidity: Existing shareholders can sell their shares to the public, providing liquidity and diversifying their investment portfolios.
• Capital Raising: The company can raise additional capital to fund expansion, acquisitions, or other strategic initiatives.
• Market Validation: A successful secondary offering can be a sign of investor confidence in the company.

Risks:

• Share Dilution: Existing shareholders may experience a decrease in their ownership percentage.
• Market Volatility: The offering can lead to increased market volatility, as the number of outstanding shares increases.
• Investor Perception: A secondary offering can sometimes be perceived negatively by the market, leading to a decline in share price.

Case Study: American Assets Trust Inc.

In 2019, American Assets Trust Inc. conducted a secondary offering, raising approximately $600 million. The proceeds were used to fund the company's growth initiatives, such as acquiring additional real estate assets. Since then, AAT has continued to perform well, with its share price increasing significantly.

Conclusion

Understanding the regular trading hours and the concept of a secondary offering is crucial for investors considering American Assets Trust Inc. common stock. By familiarizing yourself with these aspects, you can make informed investment decisions and potentially benefit from the company's growth opportunities.