secwatch.observer — SEC 8-K summary
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Issuer:     Terreno Realty Corp (TRNO)
CIK:        0001476150
Form:       8-K
Filed at:   2024-08-28T23:59:59+00:00
Accession:  0001193125-24-208813
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Terreno Realty launches up to $500M at-the-market equity offering program
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- New ATM program replaces prior program; up to $500M aggregate offering price of common stock.
- Prior ATM program: from June 30 to Aug 27, 2024, issued 2,085,357 shares at $68.44 avg, gross proceeds ~$142.7M.
- Sales agents include KeyBanc, Baird, BMO, BTIG, Citizens JMP, Goldman Sachs, Jefferies, Piper Sandler, Regions, Scotia, Truist.
- Commissions to each agent up to 2.0% of gross sales price; company has no obligation to sell any shares.
- Net proceeds intended for acquisitions, developments, redevelopments, and debt repayment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476150/000119312524208813/0001193125-24-208813-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476150/000119312524208813/d891829d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-208813

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