Gladstone Land Corporation entered into Equity Distribution Agreements with Virtu Americas LLC and Lucid Capital Markets, LLC to sell up to $500 million of common stock through at-the-market offerings on Nasdaq.
Key takeaways
Entered separate Sales Agreements with Virtu Americas LLC and Lucid Capital Markets, LLC on April 24, 2026.
Aggregate offering price up to $500.0 million of common stock, par value $0.001 per share.
Sales Agents compensated up to 3.0% of gross proceeds from shares sold.
Shares offered as 'at the market offerings' under Rule 415(a), including Nasdaq sales and privately negotiated transactions.
Amend and restate prior agreements dated April 24, 2026 with same agents.
No obligation to sell any shares; either party may suspend offerings.