secwatch.observer — SEC 8-K summary
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Issuer:     Atlantic Union Bankshares Corp (AUB)
CIK:        0000883948
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0001104659-24-110405
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlantic Union Bankshares enters additional forward sale agreement for 1.48M shares at $34.08
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- Underwriters exercised option to purchase 1,478,873 additional shares; total offering now ~11.34M shares.
- Additional Forward Sale Agreement with Morgan Stanley dated Oct 21, 2024; initial forward price $34.08/share.
- Settlement final date is April 22, 2026; terms are essentially similar to the prior Forward Sale Agreement.
- Shares are common stock (AUB); proceeds will be used for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883948/000110465924110405/0001104659-24-110405-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883948/000110465924110405/tm2426467d9_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-110405

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