CTO Realty Growth expanded its at-the-market offering programs by adding Cantor Fitzgerald & Co. and Huntington Securities as sales agents for up to $25M preferred stock and $250M common stock.
Key takeaways
Added Cantor Fitzgerald & Co. and Huntington Securities as sales agents to existing preferred equity distribution agreements dated November 12, 2024.
Entered new Preferred Equity Distribution Agreements (Exhibit 1.1) for 6.375% Series A Preferred Stock with $25M aggregate offering price.
Entered new Common Equity Distribution Agreements (Exhibit 1.3) and Master Forward Confirmations (Exhibit 1.4) for common stock with $250M aggregate offering price.
Executed amendments (Exhibits 1.2, 1.5) to update existing agreements for new agents' participation.
Total program capacity unchanged; multiple agents now authorized for ATM sales.