---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-045833"
form_type: "8-K"
ticker: "CTO"
cik: "0000023795"
company_name: "CTO Realty Growth, Inc."
filed_at: "2024-04-10T23:59:59+00:00"
generated_at: "2026-06-04T00:38:26.100625+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CTO Realty Growth enters underwriting agreement for $20/shr Series A preferred offering of 1.72M shares

## Summary
- Underwriting agreement with Raymond James for 1,500,000 shares (plus 218,417 over-allotment exercised) of 6.375% Series A Cumulative Redeemable Preferred Stock at $20.00/share.
- Total offering of 1,718,417 shares expected to close April 11, 2024; proceeds not specified.
- Liquidation preference $25.00 per share, offering price $20.00 per share; shares rank equally with existing 2,978,808 outstanding Series A shares.
- Underwriters granted 30-day option for up to 225,000 additional shares; exercised 218,417.

## SEC filing metadata
- accession: 0001104659-24-045833
- form_type: 8-K
- ticker: CTO
- cik: 0000023795
- company_name: CTO Realty Growth, Inc.
- filed_at: 2024-04-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23795/000110465924045833/0001104659-24-045833-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23795/000110465924045833/tm2411443d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-045833
- JSON: https://secwatch.observer/filing/0001104659-24-045833.json
- Plain text: https://secwatch.observer/filing/0001104659-24-045833.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.