secwatch / observer
8-K filed February 7, 2023, 6:59 PM ET ticker GOOD CIK 0001234006
other confidence high sentiment neutral materiality 0.25

Gladstone Commercial terminates ATM equity offering agreements due to registration expiry

GLADSTONE COMMERCIAL CORP

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

GLADSTONE COMMERCIAL CORP terminated Common Stock At-The-Market Equity Offering Sales Agreement with Robert W. Baird & Co. Incorporated, Goldman Sachs & Co. LLC, Stifel, Nicolaus & Company, Incorporated, BTIG, LLC, Fifth Third Securities, Inc. valued at Termination notice provided, effective February 10, 2023. No termination penalties incurred. (effective 2023-02-10).

Action
termination
Agreement
atm program
Counterparty
Robert W. Baird & Co. Incorporated, Goldman Sachs & Co. LLC, Stifel, Nicolaus & Company, Incorporated, BTIG, LLC, Fifth Third Securities, Inc.
Value
Termination notice provided, effective February 10, 2023. No termination penalties incurred.
Effective
2023-02-10
Exact text from the filing
On February 2, 2023, Gladstone Commercial Corporation, a Maryland corporation (the “Company”), provided notice of its termination of the common stock At-The-Market Equity Offering Sales Agreement, dated as of December 3, 2019, as amended on February 22, 2022 (the “Common Stock Sales Agreement”), by and among the Company, Gladstone Commercial Limited Partnership (“GCLP”), Robert W. Baird & Co. Incorporated (“Baird”), Goldman Sachs & Co. LLC (“Goldman”), Stifel, Nicolaus & Company, Incorporated (“Stifel”), BTIG, LLC and Fifth Third Securities, Inc. (“Fifth Third”) and the 6.625% Series E Cumulative Redeemable Preferred Stock At-The-Market Equity Offering Sales Agreement, dated as of December 3, 2019 (the “Series E Preferred Stock Sales Agreement”), by and among the Company, GCLP, Baird, Goldman, Stifel, Fifth Third and U.S. Bancorp Investments, Inc.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

GLADSTONE COMMERCIAL CORP terminated 6.625% Series E Cumulative Redeemable Preferred Stock At-The-Market Equity Offering Sales Agreement with Robert W. Baird & Co. Incorporated, Goldman Sachs & Co. LLC, Stifel, Nicolaus & Company, Incorporated, Fifth Third Securities, Inc., U.S. Bancorp Investments, Inc. valued at Termination notice provided, effective February 10, 2023. No termination penalties incurred. (effective 2023-02-10).

Action
termination
Agreement
atm program
Counterparty
Robert W. Baird & Co. Incorporated, Goldman Sachs & Co. LLC, Stifel, Nicolaus & Company, Incorporated, Fifth Third Securities, Inc., U.S. Bancorp Investments, Inc.
Value
Termination notice provided, effective February 10, 2023. No termination penalties incurred.
Effective
2023-02-10
Exact text from the filing
On February 2, 2023, Gladstone Commercial Corporation, a Maryland corporation (the “Company”), provided notice of its termination of the common stock At-The-Market Equity Offering Sales Agreement, dated as of December 3, 2019, as amended on February 22, 2022 (the “Common Stock Sales Agreement”), by and among the Company, Gladstone Commercial Limited Partnership (“GCLP”), Robert W. Baird & Co. Incorporated (“Baird”), Goldman Sachs & Co. LLC (“Goldman”), Stifel, Nicolaus & Company, Incorporated (“Stifel”), BTIG, LLC and Fifth Third Securities, Inc. (“Fifth Third”) and the 6.625% Series E Cumulative Redeemable Preferred Stock At-The-Market Equity Offering Sales Agreement, dated as of December 3, 2019 (the “Series E Preferred Stock Sales Agreement”), by and among the Company, GCLP, Baird, Goldman, Stifel, Fifth Third and U.S. Bancorp Investments, Inc.
View on SEC.gov

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GLADSTONE COMMERCIAL CORP filing history →

Source: SEC EDGAR
accession 0001193125-23-026917
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