secwatch.observer — SEC 8-K summary
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Issuer:     AGREE REALTY CORP (ADC)
CIK:        0000917251
Form:       8-K
Filed at:   2025-04-25T23:59:59+00:00
Accession:  0001104659-25-039411
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Agree Realty prices public offering of up to 5.175M shares at $75.70 per share
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- Up to 5,175,000 shares offered at $75.70 per share; underwriters option for 675,000 additional shares.
- Offering closed April 25, 2025; net proceeds for general corporate purposes including acquisitions and debt repayment.
- Revolving credit facility had no outstanding balance as of April 16, 2025; $350M commercial paper outstanding.
- Forward Sale Agreement with Bank of America as forward purchaser; underwriting agreement with BofA Securities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/917251/000110465925039411/0001104659-25-039411-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/917251/000110465925039411/tm2511171d4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-039411

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