other material
confidence high
sentiment neutral
materiality 0.55
Agree Realty enters into $1.25B ATM equity distribution program, replacing prior program.
AGREE REALTY CORP
- Up to $1.25B of common stock may be sold at-the-market under new agreement.
- Prior February 2024 ATM program terminated upon execution.
- Forward sale agreements allow for delayed issuance; initial proceeds not received.
- Commissions up to 2.0% of gross sales price.
- Shares offered via NYSE or negotiated transactions.