---
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"
generated_at: "2026-06-17T02:35:50.669183+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gladstone Land enters new ATM equity program for up to $500M common stock and Series E preferred offering

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-100572
- JSON: https://secwatch.observer/filing/0001193125-23-100572.json
- Plain text: https://secwatch.observer/filing/0001193125-23-100572.txt

## Key facts
- Material Agreements
  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).
  - Action: amendment
  - Agreement: atm program
  - Counterparty: Virtu Americas LLC and Ladenburg Thalmann & Co. Inc.
  - Value: up to $500.0 million
  - Effective: 2023-04-13
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1495240/000119312523100572/0001193125-23-100572-index.htm

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