secwatch.observer — SEC 8-K summary
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Issuer:     CTO Realty Growth, Inc. (CTO)
CIK:        0000023795
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001104659-24-116520
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 establishes new $250M common and $25M preferred ATM programs
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- Common ATM program allows sales of up to $250M in common stock through 13 sales agents including Janney and BMO.
- Preferred ATM program allows sales of up to $25M in 6.375% Series A Cumulative Redeemable Preferred Stock.
- Prior common ATM ($150M authorization) terminated; ~$3.6M remained unsold.
- Prior preferred ATM ($24.5M authorization) terminated; ~$24.1M remained unsold.
- Sales agent commissions capped at 2.0% of gross proceeds for both programs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23795/000110465924116520/0001104659-24-116520-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23795/000110465924116520/tm2427994d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-116520

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