secwatch.observer — SEC 8-K summary
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Issuer:     CareTrust REIT, Inc. (CTRE)
CIK:        0001590717
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0001140361-24-045002
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CareTrust REIT raises $507.8M in public offering of 15.87M shares at $32/share
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- Offered 13.8M firm shares plus fully exercised 2.07M option shares for total 15.87M shares.
- Gross proceeds of approximately $507.8M based on public price of $32 per share.
- Underwriting syndicate led by Wells Fargo, BofA Securities, and J.P. Morgan.
- Shares delivered and offering closed on November 1, 2024, under existing shelf registration.
- Company intends to use net proceeds for general corporate purposes, including potential acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590717/000114036124045002/0001140361-24-045002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590717/000114036124045002/ny20037824x3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-045002

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