Corporate ActionMay 28, 2026, 04:24 PM
American Healthcare REIT Sells 2.1M Additional Shares via Option Exercise
AI Summary
American Healthcare REIT announced the exercise in full of the underwriter's option to purchase an additional 2,100,000 shares of common stock. This follows the previously closed public offering of 14,000,000 shares on May 22, 2026. The additional shares were sold through an Additional Forward Sale Agreement, with physical settlement expected by May 20, 2028. The net proceeds will be used for general corporate purposes, including potential future investments, by its Operating Partnership.
Key Highlights
- Underwriter exercised option to purchase 2,100,000 additional shares of common stock.
- This follows the public offering of 14,000,000 shares closed on May 22, 2026.
- Additional shares were sold via an Additional Forward Sale Agreement with an affiliate of BofA Securities, Inc.
- Physical settlement of the Additional Forward Sale Agreement is expected by May 20, 2028.
- Net proceeds will be used for general corporate purposes, including potential future investments.
Price Impact
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