other_material
confidence high
sentiment neutral
materiality 0.70
CareTrust REIT closes $503M forward equity offering of 12.5M shares
CareTrust REIT, Inc.
- Offering of 12.5M firm shares at $40.225 per share to underwriters; closing on May 20, 2026.
- Underwriters granted 30-day option for up to 1.875M additional shares via forward sale agreements.
- Company expects physical settlement of forward sales by May 20, 2027, but may elect cash or net share settlement.
- Proceeds to be received upon settlement; use of proceeds not specified.
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