Corporate ActionAug 5, 2026, 08:33 AM
Easterly Government Properties Updates $300M ATM Program
AI Summary
Easterly Government Properties, Inc. filed a prospectus supplement to its existing "at the market" (ATM) equity offering program, increasing the total aggregate offering price to up to $300,000,000. As of the filing date, $85,017,692 of common stock has been sold, leaving $214,982,308 available. The updated program now permits the company to enter into contingent forward transactions and includes amended equity distribution agreements with several sales agents and forward purchasers.
Key Highlights
- Updated "at the market" (ATM) equity offering program.
- Total aggregate offering price up to $300,000,000.
- $85,017,692 of common stock already sold under the program.
- $214,982,308 remains available for offer and sale.
- New prospectus supplement permits contingent forward transactions.
- Entered into amended equity distribution agreements with multiple sales agents.
- May enter into forward sale transactions with various financial institutions.
Price Impact
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