other material
confidence high
sentiment neutral
materiality 0.60
Farmland Partners launches $100M ATM equity offering program with five sales agents
Farmland Partners Inc.
- Up to $100M in common stock may be sold under new at-the-market program.
- Sales agents: Baird, B. Riley, Janney, Jefferies, Raymond James; commission up to 2.0%.
- Proceeds to fund farmland acquisitions and general corporate purposes, including farmer loans.
- Replaces prior ATM program with ~$10M remaining; no obligation to sell any shares.
- Shares issued under effective shelf registration; program may be suspended anytime.