Agree Realty: Other Events
The following excerpt is from the company's SEC filing
On November 21, 2013,
Agree Realty Corporation (the “Company”) and Agree Limited Partnership, for which the Company is the sole general
partner, entered into an Underwriting Agreement with Citigroup Global Markets Inc. (the “Underwriting Agreement”)
relating to the issuance and sale of 1,650,000 shares (the “Shares”) of the Company’s common stock, par
value $0.0001 per share. The Company expects to
receive net proceeds from this offering of approximately $48.7 million, after deducting estimated offering expenses payable by
The Company granted
the underwriter an option, exercisable for 30 days
after the date of the Underwriting Agreement, to purchase from time to time
up to an aggregate of 247,500 additional shares of common stock at a price of $29.55 per share.
The offering closed on November 27,
2013, and the Company issued the Shares pursuant to the Company’s registration statement on Form S-3 (File No. 333-184095),
which was declared effective by the Securities and Exchange Commission on October 15, 2012.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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