---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-228538"
form_type: "8-K"
ticker: "LAND"
cik: "0001495240"
company_name: "GLADSTONE LAND Corp"
filed_at: "2022-08-24T23:59:59+00:00"
generated_at: "2026-06-23T21:42:45.518842+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Gladstone Land reduces Series C Preferred Stock offering from $500M to $255M, to end by Dec 2022

## Summary
- Primary offering reduced from 20M shares ($500M) to 10.2M shares ($255M); DRIP limited to 200K shares.
- Offering will terminate on earlier of Dec 31, 2022, or when all 10.2M primary shares sold.
- Company has sold ~$213M of Series C Preferred Stock since April 2020.
- CEO cites rising cost of capital, cap rate compression, and slowdown in acquisitions as reasons for prudent reduction.
- Net proceeds to be used for debt repayment, future acquisitions, and general corporate purposes.

## SEC filing metadata
- accession: 0001193125-22-228538
- form_type: 8-K
- ticker: LAND
- cik: 0001495240
- company_name: GLADSTONE LAND Corp
- filed_at: 2022-08-24T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495240/000119312522228538/0001193125-22-228538-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495240/000119312522228538/d547971d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-228538
- JSON: https://secwatch.observer/filing/0001193125-22-228538.json
- Plain text: https://secwatch.observer/filing/0001193125-22-228538.txt

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