Apple Hospitality REIT updates $500M stock program
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.
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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Key Figures
Key Terms
Equity Distribution Agreement financial
Prospectus Supplement regulatory
Base Prospectus regulatory
Risk Factors financial
Offering Details
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is Apple Hospitality REIT (APLE) registering in this 424B5 supplement?
How much capacity remains under Apple Hospitality REIT (APLE)’s equity distribution program?
Which sales agents changed for Apple Hospitality REIT (APLE) in the amended Equity Distribution Agreement?
Which law firms are involved with Apple Hospitality REIT (APLE)’s offering?
What risk information does Apple Hospitality REIT (APLE) reference in connection with this offering?
AI-generated analysis. How Rhea-AI works. Not financial advice.