Agree Realty (ADC) Prices 5M Share Forward Offering at $68.65/sh
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Agree Realty Announces Pricing of Forward Common Stock Offering
May 25, 2022 10:30 PM EDTBLOOMFIELD HILLS, Mich., May 25, 2022 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced the pricing of its public offering of 5,000,000 shares of its common stock at a public offering price of $68.65 per share in connection with the forward sale agreements described below. The Company also granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock. The offering is expected to close on or about May 31, 2022.Â
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