secwatch.observer — SEC 8-K summary
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Issuer:     CareTrust REIT, Inc. (CTRE)
CIK:        0001590717
Form:       8-K
Filed at:   2023-09-15T23:59:59+00:00
Accession:  0001140361-23-044196
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 at-the-market equity distribution program
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- New ATM program allows up to $500M in common stock sales through eight sales agents and forward sellers.
- Proceeds intended for general corporate purposes, including acquisitions, debt repayment, and working capital.
- Prior ATM program terminated; $82.1M in shares remained unsold under the previous agreement.
- Forward sale agreements may delay proceeds; Company may also cash or net share settle.
- Agents include BMO, BofA, Capital One, KeyBanc, J.P. Morgan, Raymond James, Baird, and Wells Fargo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590717/000114036123044196/0001140361-23-044196-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590717/000114036123044196/ny20010733x2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-044196

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