AGREE REALTY CORP 8-K
Equity raise
New $1.75B ATM equity program replaces October 2024 program, enabling direct share sales or forward transactions.
Filed 2026-04-24 16:40 ET
- 8.01 Other Events
- 9.01 Financial Statements and Exhibits
Summary
Agree Realty established a new at-the-market equity program of up to $1.75B, replacing its October 2024 program. The company may sell common shares directly or through forward transactions, creating capacity for future equity issuance.
Key Figures
- ATM sales-agent commissions: up to 2.0% of gross sales price. Forward-sale commissions, paid through a reduced forward sale price, are also capped at 2.0% under the applicable terms.
- Borrowed-share sales under forward transactions provide no initial proceeds to Agree Realty. The company expects to physically settle fixed-share forwards by their specified maturity dates, receiving net cash based on the shares and forward sale price; it may instead cash- or net-share-settle, which could result in no proceeds from issuing shares.
The summary is written by an AI model reading the filing.
Model 005 · prompt v95 · 2026-10-21 18:36:29Z