---
schema_version: "secwatch.filing_event.v1"
accession: "0001632970-24-000016"
form_type: "8-K"
ticker: "AHR"
cik: "0001632970"
company_name: "American Healthcare REIT, Inc."
filed_at: "2024-02-12T23:59:59+00:00"
generated_at: "2026-06-06T04:20:39.828558+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# American Healthcare REIT closes NYSE IPO of 64.4M shares at $12.00, nets $717.6M

## Summary
- Closed public offering of 64.4M shares at $12.00/share; net proceeds $717.6M used to reduce outstanding debt.
- Common stock began trading on NYSE under ticker AHR on Feb 7, 2024; pre-IPO Class T/I shares convert on Aug 5, 2024.
- Board declared initial quarterly distribution rate of $0.25 per share; DRIP and share repurchase plan remain suspended.
- Granted 912,966 restricted shares to executives and directors, vesting 25% annually over four years.
- Filed Articles Supplementary to opt out of Maryland Unsolicited Takeovers Act (MUTA) Section 3-803 without stockholder vote.

## SEC filing metadata
- accession: 0001632970-24-000016
- form_type: 8-K
- ticker: AHR
- cik: 0001632970
- company_name: American Healthcare REIT, Inc.
- filed_at: 2024-02-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1632970/000163297024000016/0001632970-24-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1632970/000163297024000016/ahr-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001632970-24-000016
- JSON: https://secwatch.observer/filing/0001632970-24-000016.json
- Plain text: https://secwatch.observer/filing/0001632970-24-000016.txt

## Key facts
- Governance Changes
  American Healthcare REIT, Inc.: Articles Supplementary filed to prohibit the company from electing to be subject to Section 3-803 of the MGCL (the Maryland Unsolicited Takeovers Act) unless approved by stockholders (effective 2024-02-07).
  - Change: charter amendment
  - Effective: 2024-02-07
  source text: On February 7, 2024, we filed Articles Supplementary with the State Department of Assessments and Taxation of Maryland, which prohibit us from unilaterally electing to be subject to Section 3-803 of Title 3, Subtitle 8 of the Maryland General Corporation Law (the "MGCL"), commonly referred to as the Maryland Unsolicited Takeovers Act ("MUTA").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1632970/000163297024000016/0001632970-24-000016-index.htm
- Material Agreements
  American Healthcare REIT, Inc. entered into Underwriting Agreement with BofA Securities, Inc. and Morgan Stanley & Co. LLC, as representatives of the several underwriters named therein (effective 2024-02-06).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: BofA Securities, Inc. and Morgan Stanley & Co. LLC, as representatives of the several underwriters named therein
  - Effective: 2024-02-06
  source text: we entered into an Underwriting Agreement, dated February 6, 2024, by and among us, American Healthcare REIT Holdings, LP (the "Operating Partnership"), BofA Securities, Inc. and Morgan Stanley & Co. LLC, as representatives of the several underwriters named therein
  evidence_url: https://www.sec.gov/Archives/edgar/data/1632970/000163297024000016/0001632970-24-000016-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.