---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-012878"
form_type: "8-K"
ticker: "UMH"
cik: "0000752642"
company_name: "UMH PROPERTIES, INC."
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:38:44.826430+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# UMH Properties enters $150M at-the-market equity distribution agreement

## Summary
- Agreement with BMO, J.P. Morgan, Wells Fargo, B. Riley, Compass Point, Janney to sell up to $150M common stock via ATM.
- Prior ATM program terminated; $17.8M remained unsold at termination.
- Commission to agents up to 2% of gross sale proceeds.
- Proceeds for working capital, manufactured home purchases, community expansion, acquisitions, and debt repayment.

## SEC filing metadata
- accession: 0001140361-24-012878
- form_type: 8-K
- ticker: UMH
- cik: 0000752642
- company_name: UMH PROPERTIES, INC.
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/752642/000114036124012878/0001140361-24-012878-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/752642/000114036124012878/ny20023863x2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-012878
- JSON: https://secwatch.observer/filing/0001140361-24-012878.json
- Plain text: https://secwatch.observer/filing/0001140361-24-012878.txt

## Key facts
- Material Agreements
  UMH PROPERTIES, INC. entered into Distribution Agreement with BMO Capital Markets Corp., J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, B. Riley Securities, Inc., Compass Point Research & Trading, LLC, and Janney Montgomery Scott LLC valued at $150,000,000 (effective 2024-03-12).
  - Action: entry
  - Agreement: atm program
  - Counterparty: BMO Capital Markets Corp., J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, B. Riley Securities, Inc., Compass Point Research & Trading, LLC, and Janney Montgomery Scott LLC
  - Value: $150,000,000
  - Effective: 2024-03-12
  source text: (the “Company”) entered into an equity distribution agreement (the “Distribution Agreement”) with BMO Capital Markets Corp., J.P.
  evidence_url: https://www.sec.gov/Archives/edgar/data/752642/000114036124012878/0001140361-24-012878-index.htm

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