---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-040053"
form_type: "8-K"
ticker: "ELME"
cik: "0000104894"
company_name: "Elme Communities"
filed_at: "2024-02-20T23:59:59+00:00"
generated_at: "2026-06-05T22:38:45.095311+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Elme Communities establishes $350M at-the-market equity offering program, terminates prior ATM with $340M unsold

## Summary
- New ATM program under equity distribution agreement allows sale of up to $350M in common shares through multiple agents.
- Prior ATM program terminated; approximately $340M remained unsold under it.
- Net proceeds intended for general corporate purposes including property acquisitions, improvements, and debt repayment.
- Company also filed prospectus supplement for Dividend Reinvestment and Share Purchase Plan for dividend reinvestment and share purchases.
- Agents include Wells Fargo Securities, BNY Mellon, Citigroup, Goldman Sachs, KeyBanc, TD Securities, and Truist.

## SEC filing metadata
- accession: 0001193125-24-040053
- form_type: 8-K
- ticker: ELME
- cik: 0000104894
- company_name: Elme Communities
- filed_at: 2024-02-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/104894/000119312524040053/0001193125-24-040053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/104894/000119312524040053/d792484d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-040053
- JSON: https://secwatch.observer/filing/0001193125-24-040053.json
- Plain text: https://secwatch.observer/filing/0001193125-24-040053.txt

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