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Agree Realty Announces Exercise of Underwriters' Option and Closing of Forward Offering of Common Stock - Agree Realty (NYSE:ADC)

Summary by Benzinga
ROYAL OAK, Mich., April 25, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE:ADC) (the "Company") today announced that it has completed its public offering of 5,175,000 shares of its common stock, which includes the underwriters' full exercise of their option to purchase additional shares, pursuant to the forward sale agreement described below. BofA Securities acted as the sole book-running manager for the offering and Raymond James, Stifel,…

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Benzinga broke the news in New York, United States on Friday, April 25, 2025.
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