secwatch.observer — SEC 8-K summary
======================================

Issuer:     CareTrust REIT, Inc. (CTRE)
CIK:        0001590717
Form:       8-K
Filed at:   2023-02-24T23:59:59+00:00
Accession:  0001140361-23-008612
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CareTrust REIT enters new $500M ATM equity distribution program, terminates prior program
--------------------------------------------------------------------------------

- New equity distribution agreement for up to $500M in common stock sales through multiple agents and forward sellers.
- Prior ATM program terminated; $428.4M of shares remained unsold under that program.
- Proceeds to be contributed to operating partnership for acquisitions, debt repayment, working capital.
- Shares sold under new program via ordinary brokers' transactions, negotiated deals, or block trades.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590717/000114036123008612/0001140361-23-008612-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590717/000114036123008612/ny20006530x3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-008612

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer