secwatch.observer — SEC 8-K summary
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Issuer:     ONE LIBERTY PROPERTIES INC (OLP)
CIK:        0000712770
Form:       8-K
Filed at:   2023-09-21T23:59:59+00:00
Accession:  0001140361-23-044764
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

One Liberty Properties enters $50M ATM equity distribution agreement with B. Riley
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- New program allows sale of up to $50M of common stock through B. Riley as agent or principal.
- Prior equity distribution agreement dated August 2020 (amended March 2022) terminated effective September 21, 2023.
- Sales agent commission capped at 2.0% of gross sales price; expenses reimbursed up to $35,000.
- Company not obligated to sell any shares; program may be suspended at any time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712770/000114036123044764/0001140361-23-044764-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712770/000114036123044764/ny20009908x4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-044764

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