Cohen & Steers raises $70M gross via ATM offering of 1.0M shares at $69.60, terminates program

COHEN & STEERS, INC.

Sold 1,007,057 shares at average price $69.60; gross proceeds ~$70M, net ~$68.4M after commissions.
Expected settlement April 24, 2024; proceeds for general corporate purposes, including seeding strategies.
Terminated the ATM equity offering program effective April 22, 2024; no further shares to be sold.
Program was originally announced April 22, 2024 and terminated same day after completion of sales.

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

COHEN & STEERS, INC. terminated ATM Equity Offering Sales Agreement with BofA Securities, Inc. valued at up to $100,000,000 (effective 2024-04-22).

Action: termination
Agreement: atm program
Counterparty: BofA Securities, Inc.
Value: up to $100,000,000
Effective: 2024-04-22

Exact text from the filing

On April 22, 2024, the Company delivered written notice to BofA Securities that it was terminating the Sales Agreement, effective April 22, 2024, pursuant to Section 9(a) of the Sales Agreement.

View on SEC.gov

419 material agreements filed in the last 30 days. Browse all material agreements →

COHEN & STEERS, INC. filing history →

Source: SEC EDGAR

accession 0001284812-24-000191

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.