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8-K filed December 28, 2023, 6:59 PM ET ticker GEO CIK 0000923796
other material confidence high sentiment neutral materiality 0.65

GEO Group establishes $300M at-the-market equity offering program

GEO GROUP INC

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

GEO GROUP INC entered into Equity Distribution Agreements with Cantor Fitzgerald & Co., Compass Point Research & Trading, LLC, Imperial Capital, LLC, JonesTrading Institutional Services LLC, Noble Capital Markets, Inc., Northland Securities, Inc., StoneX Financial Inc., Virtu Americas LLC, and Wedbush Securities Inc. valued at up to $300,000,000 (effective 2023-12-28).

Action
entry
Agreement
atm program
Counterparty
Cantor Fitzgerald & Co., Compass Point Research & Trading, LLC, Imperial Capital, LLC, JonesTrading Institutional Services LLC, Noble Capital Markets, Inc., Northland Securities, Inc., StoneX Financial Inc., Virtu Americas LLC, and Wedbush Securities Inc.
Value
up to $300,000,000
Effective
2023-12-28
Exact text from the filing
On December 28, 2023, The GEO Group, Inc. (“GEO” or the “Company”) entered into separate substantially similar Equity Distribution Agreements (the “Equity Distribution Agreements”) with each of Cantor Fitzgerald & Co., Compass Point Research & Trading, LLC, Imperial Capital, LLC, JonesTrading Institutional Services LLC, Noble Capital Markets, Inc., Northland Securities, Inc., StoneX Financial Inc., Virtu Americas LLC, and Wedbush Securities Inc. as managers (the “Managers”), pursuant to which the Company may sell from time to time, in a continuous equity offering program under its Registration Statement on Form S-3ASR (File No. 333-275219) shares of the Company’s common stock, par value $0.01 per share, having an aggregate offering price of up to $300,000,000 (the “Shares”) through the Managers, acting as the Company’s agent and/or principal.
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GEO GROUP INC filing history →

Source: SEC EDGAR
accession 0001193125-23-305223
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