Welcome to our dedicated page for Gladstone Coml SEC filings (Ticker: goodo), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
gladstone commercial corporation is a publicly traded reit (nasdaq: good) that invests in single tenant and anchored multi-tenant net leased industrial, office and, to a lesser extent, medical properties nationwide. we also invest alongside developers in build-to-suit transactions where a tenant requires a new building. we buy properties with strong tenants of all sizes and we believe our track record of underwriting the credit of middle market businesses is unmatched. we target primary and secondary growth markets that possess favorable economic growth trends, diversified industries, growing populations, and strong employment. our senior management team, under the guidance of david gladstone, has over 200 years of combined experience investing in real estate and middle market businesses. we have a track record of success, as exhibited by a history of strong distribution yields, consistent occupancy greater than 96.0%, and 10+ years of paying continuous monthly cash distributions. we aGladstone Commercial Corporation filed a supplement to its prospectus supplement to reflect Amendment No. 2 to the Sales Agreement, which adds Huntington Securities, Inc. as a Sales Agent and removes Robert W. Baird & Co. Incorporated. After the amendment, the Sales Agents are BofA Securities, Goldman Sachs & Co. LLC, Huntington Capital Markets, KeyBanc Capital Markets and Fifth Third Securities. The registration remains for up to $250,000,000 of common stock; approximately 6,271,144 shares have been sold for gross proceeds of about $93.5 million, leaving roughly $156.5 million available. The company’s common stock trades on Nasdaq under GOOD, last reported at $13.05. The supplement also discloses that affiliates of several Sales Agents are lenders under the company’s credit facilities and may receive more than 5% of net proceeds if those proceeds are used to repay borrowings.
Gladstone Commercial Corporation amended its at-the-market equity offering sales agreement to remove Robert W. Baird & Co. Incorporated as a sales agent and to add Huntington Securities, Inc. as a new sales agent. The company confirmed that shares will continue to be offered and sold under the effective Registration Statement and related prospectus materials through the remaining sales agents.
To date the company has sold approximately 6,271,144 shares for gross proceeds of about $93.5 million, and the prospectus supplement shows roughly $156.5 million still available to be offered. The amendment is procedural in nature and maintains the existing at-the-market offering framework.
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