{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-100572","form_type":"8-K","ticker":"LAND","cik":"0001495240","company_name":"GLADSTONE LAND Corp","filed_at":"2023-04-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.049254+00:00","generated_at":"2026-06-17T02:35:50.669183+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Gladstone Land enters new ATM equity program for up to $500M common stock and Series E preferred offering","bullets":["Agreed to sell up to $500M of common stock through at-the-market offerings with Virtu Americas and Ladenburg Thalmann.","Sales agents receive up to 3.0% compensation on gross proceeds of shares sold under each agreement.","Filed prospectus supplement for up to 7,922,159 shares of 5.00% Series E Cumulative Redeemable Preferred Stock.","Series E preferred offering is on a reasonable best efforts basis via affiliate Gladstone Securities as dealer manager.","Previous equity distribution agreements from May 2020 replaced effective April 13, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-100572","json":"https://secwatch.observer/filing/0001193125-23-100572.json","markdown":"https://secwatch.observer/filing/0001193125-23-100572.md","text":"https://secwatch.observer/filing/0001193125-23-100572.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1495240/000119312523100572/0001193125-23-100572-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1495240/000119312523100572/d494938d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T02:35:50.669183+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1d176fb3372a49ee03a6a903ca9f1f8b8e1b509b","claim":"GLADSTONE LAND Corp amended Amended and Restated Equity Distribution Agreements with Virtu Americas LLC and Ladenburg Thalmann & Co. Inc. valued at up to $500.0 million (effective 2023-04-13).","evidence_excerpt":"On April 13, 2023, Gladstone Land Corporation, a Maryland corporation (the “Company”), and its operating partnership, Gladstone Land Limited Partnership, a majority-owned, consolidated subsidiary of the Company and a Delaware limited partnership (the “Operating Partnership”), entered into separate Amended and Restated Equity Distribution Agreements (each a “Sales Agreement” and together, the “Sales Agreements”) with each of Virtu Americas LLC (“Virtu”) and Ladenburg Thalmann & Co. Inc. (“Ladenburg”) (Virtu and Ladenburg each a “Sales Agent” and together, the “Sales Agents”), pursuant to which the Company may sell shares of its common stock, par value $0.001 per share (“Common Stock”), having an aggregate offering price of up to $500.0 million (the “Shares”), from time to time through the Sales Agents, acting as sales agents and/or principals.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1495240/000119312523100572/0001193125-23-100572-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"Virtu Americas LLC and Ladenburg Thalmann & Co. Inc."},{"label":"Value","value":"up to $500.0 million"},{"label":"Effective","value":"2023-04-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}