Agree Realty Announces Common Stock Offering

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Agree Realty (ADC) Announces 1.5M Common Stock Offering

December 7, 2015 4:02 PM UTC

Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it has commenced an underwritten public offering of 1,500,000 shares of its common stock. In connection with the offering, the Company expects to grant the underwriters a 30-day option to purchase up to an additional 225,000 shares of common stock.

The Company intends to use the net proceeds of the offering to reduce... More