Agree Realty (ADC) Announces 5M Share Common Stock Offering

Go back to Agree Realty (ADC) Announces 5M Share Common Stock Offering

Agree Realty Announces Common Stock Offering

September 28, 2022 4:43 PM EDT

BLOOMFIELD HILLS, Mich., Sept. 28, 2022 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it commenced an underwritten public offering of 5,000,000 shares of its common stock in connection with the forward sale agreements described below.  In connection with the offering, the Company expects to grant the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock.

... More