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

Issuer:     UMH PROPERTIES, INC. (UMH)
CIK:        0000752642
Form:       8-K
Filed at:   2023-05-19T23:59:59+00:00
Accession:  0001140361-23-025586
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UMH reclassifies unissued preferred shares into common; files new shelf and ATMs up to $217.5M
--------------------------------------------------------------------------------

- Reclassified 199,331 shares of Series B and 3,866,000 shares of Series C preferred as common stock, effective May 18, 2023.
- Authorized capital now 153,713,800 common shares, 13,700,000 Series D preferred, and 3,000,000 excess shares.
- Filed new automatic shelf registration (S-3ASR) replacing prior shelf; filed two ATM prospectus supplements.
- Common stock ATM program for up to $140.4M with agents BMO, J.P. Morgan, B. Riley, Compass Point, Janney Montgomery.
- Series D preferred stock ATM program for up to $77.1M with B. Riley Securities as sole distribution agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/752642/000114036123025586/0001140361-23-025586-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/752642/000114036123025586/ny20009182x4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-025586

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