NewLake Capital Partners enters $50M ATM equity offering agreement with Lucid; extends share buyback program to 2026

NewLake Capital Partners, Inc.

Entered into Equity Distribution Agreement with Lucid Capital Markets for up to $50M at-the-market common stock offerings.
Board extended share repurchase program duration to December 31, 2026; no obligation to repurchase specific amount.
Lucid will receive 2% commission on gross sales price per share sold under the agreement.
Shares offered under existing Form S-3 registration statement filed in 2022, supplemented in June and November 2024.

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