Plymouth Industrial REIT files new $200M ATM equity program, replaces expiring shelf

Substantially concurrent with the Company’s and the Operating Partnership’s entry into the Distribution Agreement (as defined below), the Company has terminated its existing Distribution Agreement, dated as of February 28, 2023, among the Company, the Operating Partnership, and the agents party thereto (as amended, the “2023 Distribution Agreement”), in accordance with the terms of the 2023 Distribution Agreement.

On February 27, 2024, the Company and the Operating Partnership entered into a Distribution Agreement (the “Distribution Agreement”) with each of KeyBanc Capital Markets Inc., Robert W. Baird & Co. Incorporated, Barclays Capital Inc., Berenberg Capital Markets, LLC, BMO Capital Markets Corp., B. Riley Securities, Inc., Capital One Securities, Inc., Colliers Securities LLC, Citizens JMP Securities, LLC, Scotia Capital (USA) Inc., Truist Securities, Inc., Wells Fargo Securities, LLC, Barclays Bank PLC, Bank of Montreal, The Bank of Nova Scotia, Truist Bank and Wells Fargo Bank, National Association (and, in certain cases, their respective affiliates) in their capacity as Sales Agents, as Forward Sellers and/or as Forward Purchasers, in each case as described below, relating to (i) the issuance and sale by the Company to or through the Sales Agents, from time to time, of shares of the Company’s common stock (the “Issuance Shares”), and (ii) the sale by the Forward Sellers, as agents on be