{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-065183","form_type":"8-K","ticker":"IIPR","cik":"0001677576","company_name":"INNOVATIVE INDUSTRIAL PROPERTIES INC","filed_at":"2024-05-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.540428+00:00","generated_at":"2026-06-01T08:45:22.362504+00:00","sec_items":["3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"IIPR increases authorized Series A Preferred by 22.66M shares, enters $500M ATM equity facility","bullets":["Filed Articles Supplementary designating 22,660,000 additional shares of 9.00% Series A Cumulative Redeemable Preferred Stock; total authorized now 23,350,000 shares.","Terminated prior at-the-market sales agreements with BTIG, Jefferies, Piper Sandler & Co., and Roth Capital, effective May 29, 2024.","Entered new Equity Distribution Agreements with same agents to offer up to $500,000,000 of common stock and Series A Preferred Stock at-the-market.","New agreements allow forward sale arrangements for common stock, with agents receiving commissions up to 2.0% of gross proceeds.","Sales will be made under existing Form S-3 shelf registration and a prospectus supplement dated May 24, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-065183","json":"https://secwatch.observer/filing/0001104659-24-065183.json","markdown":"https://secwatch.observer/filing/0001104659-24-065183.md","text":"https://secwatch.observer/filing/0001104659-24-065183.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1677576/000110465924065183/0001104659-24-065183-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1677576/000110465924065183/tm2415012d3_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T08:45:22.362504+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}