FrontView REIT Inc

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

On October 3, 2024, we closed our IPO of 13,200,000 shares of our common stock at a price of $19.00 per share, with a subsequent exercise by the underwriters of their option to purchase from us an additional 1,090,846 shares of common stock that closed on October 23, 2024. We raised net proceeds of $253.2 million, after deducting the underwriting discounts and commissions of approximately $18.3 million. All shares sold were registered pursuant to a registration statement on Form S-11 (File No. 333-282015), as amended (the “Registration Statement”), which was declared effective by the SEC on October 1, 2024. Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Wells Fargo Securities, LLC and BofA Securities, Inc. acted as representatives of the underwriters for the IPO. The offering terminated after the sale of all securities registered pursuant to the Registration Statement. We contributed the net proceeds to the OP in exchange for OP units. We used a portion of the net proceeds to repay the outstanding borrowings under the Revolving Credit Facility and Term Loan Credit Facility. There has been no material change in the use of proceeds from our IPO as described in the Prospectus.