secwatch.observer — SEC 8-K summary
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Issuer:     AGREE REALTY CORP (ADC)
CIK:        0000917251
Form:       8-K
Filed at:   2024-10-25T23:59:59+00:00
Accession:  0001104659-24-111474
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Agree Realty enters into $1.25B ATM equity distribution program, replacing prior program.
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/917251/000110465924111474/0001104659-24-111474-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/917251/000110465924111474/tm2426740d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-111474

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