Armada Hoffler closes 10.35M share offering at $10.50; directors participate

AH Realty Trust, Inc.

Sold 9M shares at $10.50 plus exercise of 1.35M over-allotment, raising ~$108.7M.
Closing occurred on September 27, 2024; net proceeds for general corporate purposes.
CEO Louis Haddad and Chairman Emeritus Daniel Hoffler each bought 95,238 shares.
Other board members (Kirk, Wimbush, Cherry, Carroll, Allen) purchased smaller lots.
Underwriters led by Jefferies, BofA Securities, Barclays Capital.

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