secwatch.observer — SEC 8-K summary
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Issuer:     CTO Realty Growth, Inc. (CTO)
CIK:        0000023795
Form:       8-K
Filed at:   2022-12-05T23:59:59+00:00
Accession:  0001558370-22-018356
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CTO Realty Growth prices underwritten common stock offering of 3.45M shares at $18.145/share, net proceeds ~$62.4M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23795/000155837022018356/0001558370-22-018356-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23795/000155837022018356/cto-20221130x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-018356

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