Agree Realty (ADC) Announces 4M Share Common Stock Offering

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Agree Realty Announces Common Stock Offering

June 10, 2021 4:13 PM EDT

BLOOMFIELD HILLS, Mich., June 10, 2021 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it commenced an underwritten public offering of 4,000,000 shares of its common stock. The closing of the offering is expected to occur on or about June 15, 2021, subject to the satisfaction of customary closing conditions. In connection with the offering, the Company expects to grant the underwriter a 30-day option to purchase up to an additional 600,000 shares of common stock.

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