secwatch.observer — SEC 8-K summary
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Issuer:     ACADIA REALTY TRUST (AKR)
CIK:        0000899629
Form:       8-K
Filed at:   2025-02-14T23:59:59+00:00
Accession:  0001104659-25-014299
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acadia Realty Trust establishes $500M at-the-market equity offering program with multiple agents
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- Entered ATM Sales Agreement on Feb 14, 2025 for up to $500M aggregate sale price of common shares.
- Sales agents include BofA, Barclays, Goldman Sachs, Jefferies, J.P. Morgan, TD Securities, Truist, and Wells Fargo.
- Compensation up to 2% of gross sales price; forward sale agreements possible with cash or net share settlement options.
- Net proceeds contributed to operating partnership for general corporate purposes: acquisitions, debt repayment, working capital.
- Company has no obligation to sell any shares; program provides flexibility to sell from time to time on NYSE or via negotiated transactions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899629/000110465925014299/0001104659-25-014299-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899629/000110465925014299/tm256664d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-014299

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