secwatch.observer — SEC 8-K summary
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Issuer:     Rexford Industrial Realty, Inc. (REXR)
CIK:        0001571283
Form:       8-K
Filed at:   2023-02-17T23:59:59+00:00
Accession:  0001193125-23-041603
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rexford Industrial initiates $1.25B ATM equity program; prior $1.0B program terminated
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- New ATM offering allows sale of up to $1.25 billion of common stock through multiple sales agents.
- Prior $1.0B ATM program terminated; $834.6 million in common stock had been sold under it.
- Proceeds to fund acquisitions, repay debt, development, and general corporate purposes.
- Company may enter forward sale agreements with select agents; compensation up to 2% of gross proceeds.
- Sales will be made at-the-market on NYSE or through market makers, subject to market conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571283/000119312523041603/0001193125-23-041603-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571283/000119312523041603/d401686d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-041603

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