secwatch.observer — SEC 8-K summary
======================================

Issuer:     CTO Realty Growth, Inc. (CTO)
CIK:        0000023795
Form:       8-K
Filed at:   2024-08-23T23:59:59+00:00
Accession:  0001104659-24-092488
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CTO Realty Growth launches $24.5M ATM program for 6.375% Series A Preferred Stock
--------------------------------------------------------------------------------

- Up to $24.5M aggregate gross sales price of 6.375% Series A Cumulative Redeemable Preferred Stock ($25/sh liquidation preference).
- Shares sold at market via ordinary brokers on NYSE or through market makers at prevailing prices.
- Eight sales agents include BMO, B. Riley, Baird, Janney, Jefferies, JonesTrading, Raymond James, and Truist.
- Commission to sales agents capped at 2.0% of gross sales price of shares sold under each agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23795/000110465924092488/0001104659-24-092488-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23795/000110465924092488/tm2422375d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-092488

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer