secwatch.observer — SEC 8-K summary
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Issuer:     Broadstone Net Lease, Inc. (BNL)
CIK:        0001424182
Form:       8-K
Filed at:   2026-08-10T20:58:19+00:00
Accession:  0001193125-26-342612
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadstone Net Lease closes 12.65M share offering at $20.50 via forward sales
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- 11,000,000 shares at $20.50; underwriters' option for 1,650,000 exercised in full, totaling 12,650,000 shares.
- Offering closed Aug 10, 2026; forward sale agreements mean no initial proceeds to company.
- Forward sale price $19.7825/share; settlement expected by Sept 30, 2027, with cash proceeds upon delivery.
- Underwriters: Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC as representatives.
- Company may elect cash or net share settlement; forward agreements subject to early termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424182/000119312526342612/0001193125-26-342612-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424182/000119312526342612/d70489d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-342612

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