{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-22-018356","form_type":"8-K","ticker":"CTO","cik":"0000023795","company_name":"CTO Realty Growth, Inc.","filed_at":"2022-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.094954+00:00","generated_at":"2026-06-21T09:51:16.851401+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"CTO Realty Growth prices underwritten common stock offering of 3.45M shares at $18.145/share, net proceeds ~$62.4M","bullets":["Initial 3M shares plus full exercise of 450K-share over-allotment option; total 3.45M shares.","Underwriters purchase price $18.145 per share; expected net proceeds ~$62.4M after expenses.","Offering expected to close Dec 5, 2022; Wells Fargo Securities as representative underwriter.","Shares sold under existing S-3 registration statement; Venable LLP provided legal opinion."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-22-018356","json":"https://secwatch.observer/filing/0001558370-22-018356.json","markdown":"https://secwatch.observer/filing/0001558370-22-018356.md","text":"https://secwatch.observer/filing/0001558370-22-018356.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/23795/000155837022018356/0001558370-22-018356-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/23795/000155837022018356/cto-20221130x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T09:51:16.851401+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"62af832775a7e7ebc505142976a3eb03d535cae1","claim":"CTO Realty Growth, Inc. entered into Underwriting Agreement with Wells Fargo Securities, LLC valued at 3,450,000 shares of common stock at $18.145 per share, net proceeds approximately $62.4 million (effective 2022-11-30).","evidence_excerpt":"Item 1.01 Entry into a Material Definitive Agreement. On November 30, 2022, CTO Realty Growth, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Wells Fargo Securities, LLC, as representative of the underwriters named therein (the “Underwriters”), for the issuance and sale by the Company of 3,000,000 shares of its common stock, $0.01 par value per share (the “Common Stock”). The Underwriters agreed to purchase the Common Stock from the Company at a price of $18.145 per share. In addition, the Company granted the Underwriters a 30-day option to purchase up to an additional 450,000 shares of Common Stock on the same terms and conditions, which the Underwriters exercised in full on December 2, 2022.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/23795/000155837022018356/0001558370-22-018356-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Wells Fargo Securities, LLC"},{"label":"Value","value":"3,450,000 shares of common stock at $18.145 per share, net proceeds approximately $62.4 million"},{"label":"Effective","value":"2022-11-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}