---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-052941"
form_type: "8-K"
ticker: "MDV"
cik: "0001645873"
company_name: "MODIV INDUSTRIAL, INC."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T05:15:09.735856+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Modiv Industrial enters amended $50M at-the-market equity sales agreement

## Summary
- Amended and restated ATM sales agreement with Baird, Truist, BMO, B. Riley, Janney Montgomery, Colliers.
- Company may sell up to $50M of Class C common stock; no shares sold yet under amended agreement.
- Amendment primarily revised definition of Agents; $50M remains available for sale.
- Offering conducted under existing shelf registration and prospectus supplement.

## SEC filing metadata
- accession: 0001140361-23-052941
- form_type: 8-K
- ticker: MDV
- cik: 0001645873
- company_name: MODIV INDUSTRIAL, INC.
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1645873/000114036123052941/0001140361-23-052941-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1645873/000114036123052941/ny20014626x2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-052941
- JSON: https://secwatch.observer/filing/0001140361-23-052941.json
- Plain text: https://secwatch.observer/filing/0001140361-23-052941.txt

## Key facts
- Material Agreements
  MODIV INDUSTRIAL, INC. amended Amended and Restated At Market Issuance Sales Agreement with Robert W. Baird & Co. Incorporated, Truist Securities, Inc., BMO Capital Markets Corp., B. Riley Securities, Inc., Janney Montgomery Scott LLC and Colliers Securities LLC valued at $50,000,000 (effective 2023-11-13).
  - Action: amendment
  - Agreement: atm program
  - Counterparty: Robert W. Baird & Co. Incorporated, Truist Securities, Inc., BMO Capital Markets Corp., B. Riley Securities, Inc., Janney Montgomery Scott LLC and Colliers Securities LLC
  - Value: $50,000,000
  - Effective: 2023-11-13
  source text: On November 13, 2023, Modiv Industrial, Inc. (the “Company”) and Modiv Operating Partnership, LP, the Company’s operating partnership, entered into an Amended and Restated At Market Issuance Sales Agreement (the “A&R Sales Agreement”) with Robert W. Baird & Co. Incorporated, Truist Securities, Inc., BMO Capital Markets Corp., B. Riley Securities, Inc., Janney Montgomery Scott LLC and Colliers Securities LLC (collectively, the “Agents”), which amends and restates the previously announced At Market Issuance Sales Agreement dated June 6, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1645873/000114036123052941/0001140361-23-052941-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.