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Apple Hospitality REIT (NYSE: APLE) amends $500M equity distribution and sales agents

(Neutral)
(Neutral)
Form Type
424B5

Rhea-AI Filing Summary

Apple Hospitality REIT, Inc. updates its existing equity distribution program under which it may, from time to time, offer and sell up to $500,000,000 of common shares pursuant to an Equity Distribution Agreement with a syndicate of sales agents.

The amendment dated August 6, 2026 adds Huntington Securities, Inc. as a sales agent and removes B. Riley Securities, Inc., SMBC Nikko Securities America, Inc., and Scotia Capital (USA) Inc. as sales agents. As of this supplement, the full $500,000,000 of common shares remains available for issuance. The shares trade on the NYSE under the symbol APLE, with a last reported sale price of $16.55 per share on August 5, 2026. Legal opinions on validity and certain U.S. federal income tax matters are provided by Hogan Lovells Cadwalader US LLP, and certain legal matters for the sales agents are handled by Morrison & Foerster LLP.

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Equity distribution capacity $500,000,000 Aggregate amount of common shares that may be offered and sold from time to time
Common share price $16.55 per share Last reported sale price on NYSE on August 5, 2026
Supplement date August 6, 2026 Date of Supplement No. 1 to the February 25, 2025 Prospectus Supplement
Equity Distribution Agreement financial
"pursuant to that certain equity distribution agreement, dated February 23, 2024"
An equity distribution agreement is a formal plan between a company and financial institutions to sell newly issued shares of the company's stock to investors over a period of time. It helps the company raise money gradually, similar to filling a container with water in stages, rather than all at once. For investors, it provides an organized way to buy shares and can influence the stock's supply and price.
Prospectus Supplement regulatory
"in the prospectus supplement dated and filed with the Securities and Exchange Commission"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
Base Prospectus regulatory
"and the base prospectus dated February 25, 2025 (the “Base Prospectus”)"
A base prospectus is a detailed document that provides essential information about a financial offering, such as a bond or share issue. It acts like a comprehensive guide for investors, explaining what the investment involves, the risks involved, and how the process works. This helps investors make informed decisions before committing their money.
Risk Factors financial
"read and consider the “Risk Factors” referenced on page S-4 of the Prospectus Supplement"
Risk factors are elements or conditions that could cause an investment's value to decrease or lead to potential losses. They are like warning signs or obstacles that can affect the success of an investment, making it uncertain or more unpredictable. Recognizing risk factors helps investors understand the possible challenges and make more informed decisions.
Offering Type shelf

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What is Apple Hospitality REIT (APLE) registering in this 424B5 supplement?

Apple Hospitality REIT is maintaining an equity distribution program for the offer and sale, from time to time, of up to $500,000,000 of its common shares under an existing Equity Distribution Agreement.

How much capacity remains under Apple Hospitality REIT (APLE)’s equity distribution program?

As of this supplement, Apple Hospitality REIT reports that $500,000,000 in the aggregate of its common shares remains available for issuance under the Prospectus Supplement and Equity Distribution Agreement.

Which sales agents changed for Apple Hospitality REIT (APLE) in the amended Equity Distribution Agreement?

The amendment dated August 6, 2026 adds Huntington Securities, Inc. as a sales agent and removes B. Riley Securities, Inc., SMBC Nikko Securities America, Inc., and Scotia Capital (USA) Inc. from the group of sales agents.

On which exchange do Apple Hospitality REIT (APLE) shares trade and at what recent price?

Apple Hospitality REIT common shares trade on the New York Stock Exchange under the symbol APLE. The last reported sale price on August 5, 2026 was $16.55 per share.

Which law firms are involved with Apple Hospitality REIT (APLE)’s offering?

Hogan Lovells Cadwalader US LLP has passed upon the validity of the common shares and certain U.S. federal income tax matters, while Morrison & Foerster LLP will handle certain legal matters for the sales agents.

What risk information does Apple Hospitality REIT (APLE) reference in connection with this offering?

The company directs investors to review the “Risk Factors” on page S-4 of the Prospectus Supplement and those in its most recent Annual Report on Form 10-K and other SEC filings.

Filed Pursuant to Rule 424(b)(5)
Registration Statement No. 333-285184

Supplement No. 1 dated August 6, 2026

To prospectus supplement dated February 25, 2025

(To prospectus dated February 25, 2025)

$500,000,000

LOGO

Apple Hospitality REIT, Inc.

 

 

This supplement (this “Supplement”) is being filed to update, amend and supplement certain information in the prospectus supplement dated and filed with the Securities and Exchange Commission (the “SEC”) on February 25, 2025 (the “Prospectus Supplement”) and the base prospectus dated February 25, 2025 (the “Base Prospectus”), relating to the offer and sale, from time to time, of up to $500,000,000 in the aggregate of our common shares, no par value, pursuant to that certain equity distribution agreement, dated February 23, 2024, as amended February 25, 2025 and August 6, 2026 (the “Equity Distribution Agreement”), by and among the Company and Jefferies LLC, Robert W. Baird & Co. Incorporated, BMO Capital Markets Corp., BofA Securities, Inc., BTIG, LLC, Huntington Securities, Inc., KeyBanc Capital Markets Inc., Regions Securities LLC, Truist Securities, Inc., and Wells Fargo Securities, LLC (collectively, the “sales agents” and each individually, a “sales agent”). This Supplement should be read in conjunction with the Prospectus Supplement and accompanying Base Prospectus. This Supplement is only intended to update, amend and supplement certain information in the Prospectus Supplement to the extent set forth herein. Capitalized terms used and not defined herein shall have the meanings ascribed to such terms in the Prospectus Supplement.

On August 6, 2026, we entered into an amendment to the Equity Distribution Agreement, pursuant to which Huntington Securities, Inc. was added as a sales agent under the Equity Distribution Agreement, and B. Riley Securities, Inc., SMBC Nikko Securities America, Inc. and Scotia Capital (USA) Inc. were removed as sales agents under the Equity Distribution Agreement, and accordingly, any reference to “sales agents” in the Prospectus Supplement shall hereafter be deemed to include Huntington Securities, Inc. and deemed not to include B. Riley Securities, Inc., SMBC Nikko Securities America, Inc., or Scotia Capital (USA) Inc.

As of the date hereof, $500,000,000 in the aggregate of our common shares remains available for issuance pursuant to the Prospectus Supplement under the Equity Distribution Agreement.

Our common shares are listed on the New York Stock Exchange (the “NYSE”) under the symbol “APLE.” The last reported sale price of our common shares on the NYSE on August 5, 2026 was $16.55 per share.

The validity of the common shares offered by means of the Prospectus Supplement and the accompanying prospectus, as well as certain U.S. federal income tax matters, have been passed upon for us by Hogan Lovells Cadwalader US LLP. Certain legal matters will be passed upon for the sales agents by Morrison & Foerster LLP.

 

 

Investing in our common shares involves risk. You should carefully read and consider the “Risk Factors” referenced on page S-4 of the Prospectus Supplement, as well as those described in our most recent Annual Report on Form 10-K and in other information that we file from time to time with the SEC.

Neither the SEC nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this Supplement, the Prospectus Supplement or the accompanying Base Prospectus. Any representation to the contrary is a criminal offense.

 

 

 

Jefferies   Baird   BMO Capital Markets    BofA Securities    BTIG
Huntington Capital Markets   KeyBanc Capital Markets   Regions Securities LLC    Truist Securities    Wells Fargo Securities

Supplement No. 1 dated August 6, 2026 to Prospectus Supplement dated February 25, 2025.