Prologis 8-K

Summary

Common-stock offering. Prologis priced an underwritten public offering of 15 million shares, expected to close on 8/5/2026. Proceeds are intended for general corporate purposes, including potential acquisitions such as SEGRO plc; Prologis cautioned that a SEGRO combination may not be completed on the proposed terms, timeline, or at all.

Key Figures

• Net proceeds: ≈$2.1B, or ≈$2.4B if the underwriters exercise their 2.25 million-share over-allotment option in full.
• The option is exercisable for 30 days from 8/4/2026. Prologis intends to contribute cash proceeds to its operating partnership in exchange for partnership units.

Investor Takeaways

• Watch for the offering’s expected 8/5/2026 closing and whether the over-allotment option is exercised.
• The proposed SEGRO combination remains uncertain; Prologis stated it may not be completed on the proposed terms or anticipated timeline, or at all.