Agree Realty (ADC) Announces 5M Share Offering
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AGREE REALTY ANNOUNCES COMMON STOCK OFFERING
May 25, 2022 4:05 PM EDTBLOOMFIELD HILLS, Mich., May 25, 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.Â
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