secwatch.observer — SEC 8-K summary
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Issuer:     UMH PROPERTIES, INC. (UMH)
CIK:        0000752642
Form:       8-K
Filed at:   2025-03-05T23:59:59+00:00
Accession:  0001140361-25-007228
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UMH Properties increases authorized common shares by 25M and enters $100M Series D ATM facility
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- Authorized common shares increased from 163.7M to 188.7M; total authorized capital rises to 205.4M shares.
- Reclassified 5M common shares as Series D Preferred, increasing Series D authorization from 13.7M to 18.7M.
- Entered new at-market issuance sales agreement with B. Riley Securities for up to $100M of Series D Preferred Stock.
- Prior ATM for Series D Preferred terminated; ~$16.5M remained unsold under prior program.
- Proceeds for working capital, manufactured home purchases, community expansion, acquisitions, or debt repayment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/752642/000114036125007228/0001140361-25-007228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/752642/000114036125007228/ny20044841x2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-007228

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