Agree Realty starts $1.75B ATM share offering
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Agree Realty (ADC) has initiated an at-the-market equity offering to sell up to $1.75 billion of common stock. The offering involves a syndicate of banks, including Wells Fargo and Bank of America, and may include various sales methods on the NYSE. Additionally, the company has entered into forward sale agreements with multiple banks for future capital raising. The previous ATM program established in October 2024 has been terminated.
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