---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-060215"
form_type: "8-K"
ticker: "GOOD"
cik: "0001234006"
company_name: "GLADSTONE COMMERCIAL CORP"
filed_at: "2023-03-03T23:59:59+00:00"
generated_at: "2026-06-18T12:49:37.454012+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Gladstone Commercial enters $250M at-the-market equity offering agreement

## Summary
- Entered ATM sales agreement with BofA Securities, Goldman Sachs, Baird, KeyBanc, and Fifth Third.
- May sell up to $250M of common stock from time to time on Nasdaq or in negotiated transactions.
- Sales agents receive up to 2.0% of gross proceeds for shares sold.
- Shares issued under existing shelf registration statement (File No. 333-268549).
- Company has no obligation to sell any shares; either party may suspend at any time.

## SEC filing metadata
- accession: 0001193125-23-060215
- form_type: 8-K
- ticker: GOOD
- cik: 0001234006
- company_name: GLADSTONE COMMERCIAL CORP
- filed_at: 2023-03-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1234006/000119312523060215/0001193125-23-060215-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1234006/000119312523060215/d433312d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-060215
- JSON: https://secwatch.observer/filing/0001193125-23-060215.json
- Plain text: https://secwatch.observer/filing/0001193125-23-060215.txt

## Key facts
- Material Agreements
  GLADSTONE COMMERCIAL CORP entered into Sales Agreement with BofA Securities, Inc., Goldman Sachs & Co. LLC, Robert W. Baird & Co. Incorporated, KeyBanc Capital Markets Inc. and Fifth Third Securities, Inc. valued at $250.0 million (effective 2023-03-03).
  - Action: entry
  - Agreement: atm program
  - Counterparty: BofA Securities, Inc., Goldman Sachs & Co. LLC, Robert W. Baird & Co. Incorporated, KeyBanc Capital Markets Inc. and Fifth Third Securities, Inc.
  - Value: $250.0 million
  - Effective: 2023-03-03
  source text: On March 3, 2023, Gladstone Commercial Corporation, a Maryland corporation (the “Company”), and its operating partnership, Gladstone Commercial Limited Partnership, a majority-owned, consolidated subsidiary of the Company and a Delaware limited partnership (the “Operating Partnership”), entered into an At-the-Market Equity Offering Sales Agreement (the “Sales Agreement”) with BofA Securities, Inc., Goldman Sachs & Co. LLC, Robert W. Baird & Co. Incorporated, KeyBanc Capital Markets Inc. and Fifth Third Securities, Inc. (each, a “Sales Agent” and collectively, the “Sales Agents”), pursuant to which the Company may sell shares of its common stock, par value $0.001 per share (the “Shares”), from time to time through the Sales Agent, acting as sales agent and/or principal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1234006/000119312523060215/0001193125-23-060215-index.htm

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