secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL HEALTH INVESTORS INC (NHI)
CIK:        0000877860
Form:       8-K
Filed at:   2024-08-16T23:59:59+00:00
Accession:  0001193125-24-202116
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NHI enters forward sale agreements for 2.76M shares at $68.40; expects net proceeds ~$188.3M
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- Underwriting agreement dated Aug 14, 2024 for 2,760,000 shares (including 360,000 option exercised) at $68.40 per share.
- Forward sale agreements with four banks; physical settlement expected within ~12 months for cash proceeds.
- Net proceeds upon full physical settlement estimated at $188.3 million after expenses.
- Proceeds to be used for working capital, acquisitions, debt repayment, and investments.
- Offering closed on August 16, 2024; initial forward price $68.40 per share subject to adjustments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/877860/000119312524202116/0001193125-24-202116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/877860/000119312524202116/d866815d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-202116

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