secwatch.observer — SEC 8-K summary
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Issuer:     AGREE REALTY CORP (ADC)
CIK:        0000917251
Form:       8-K
Filed at:   2026-04-24T23:59:59+00:00
Accession:  0001628280-26-027250
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Agree Realty launches up to $1.75B ATM equity program with forward sales
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- New ATM equity distribution agreement allows issuance of up to $1.75B in common stock.
- Prior ATM program from October 2024 terminated simultaneously.
- Shares may be sold through sales agents or via forward sale agreements with forward purchasers.
- Sales agent commission capped at 2.0% of gross proceeds per share sold.
- Company may elect to physically, cash, or net share settle forward transactions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/917251/000162828026027250/0001628280-26-027250-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/917251/000162828026027250/adc-20260424.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-027250

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer