secwatch.observer — SEC 8-K summary
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Issuer:     BRT Apartments Corp. (BRT)
CIK:        0000014846
Form:       8-K
Filed at:   2023-05-12T23:59:59+00:00
Accession:  0001140361-23-024391
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BRT Apartments enters into $40M at-the-market equity offering agreements; terminates prior agreements
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- Entered into equity distribution agreements with B. Riley, JMP, Raymond James for ATM offering of up to $40M.
- Sales agents receive commission of up to 2.0% of gross sales price; expense reimbursement up to $35K.
- Prior ATM agreements dated March 2022 terminated effective May 12, 2023.
- Shares issued under existing shelf registration statement (Form S-3).
- Company may suspend sales at any time; no obligation to sell any shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14846/000114036123024391/0001140361-23-024391-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14846/000114036123024391/ny20008782x4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-024391

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