other material
confidence high
sentiment neutral
materiality 0.60
Centerspace increases ATM offering capacity by $250M to $500M; adds agents, shortens settlement
CENTERSPACE
- Amendment raises maximum aggregate offering price by $250M to $500M under Equity Distribution Agreement.
- Adds Colliers Securities LLC and Janney Montgomery Scott LLC as sales agents.
- Settlement period reduced from two business days to one.
- Prior sales totaled $220.7M; remaining $279.3M available for sale.
- Prospectus supplement filed Sept 9, 2024 to register the remaining balance.