Gladstone Land Corporation filed a Certificate of Correction on April 2, 2026, nullifying a prior erroneous reclassification of non-existent Series D Preferred Stock and confirming authorized share counts for its capital stock classes.
Key takeaways
Filed Certificate of Correction with Maryland SDAT on April 2, 2026, correcting Articles Supplementary from March 13, 2026.
Reclassification of Series D Preferred Stock given no force and effect due to no authorized shares outstanding.
Corrected authorized Common Stock to 67,588,265 shares.
Corrected authorized Series B Preferred Stock to 6,321,801 shares.
Corrected authorized Series C Preferred Stock to 10,103,804 shares.
Total authorized capital stock remains 100,000,000 shares, including 15,986,130 shares of Series E Preferred Stock; no increase effected.