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Agree Realty Announces Exercise of Underwriters' Overallotment Option

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Agree Realty Reports Exercise of Underwriters' Option to Shares: Total Offering ~2.588M Shares for Gross Proceeds ~$76.8M
UPDATE: Agree Realty Announces 2.1M Common Stock Offering

Agree Realty Corporation (NYSE: ADC) (the "Company") today announced the closing of its public offering of 1,725,000 shares of its common stock, including 225,000 shares issued and sold pursuant to the full exercise of the underwriters' over-allotment option, on January 18, 2013.  The shares were issued at a public offering price of $27.25 per share, for a total of $47,006,250 of gross proceeds. 

Posted-In: News Offerings

 

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