Welltower entered an equity distribution agreement for up to $7.5 billion of common stock ATM sales and filed a prospectus supplement registering 261,753 resale shares.
Key Highlights:
- Entered an equity distribution agreement enabling up to $7.5 billion aggregate sales of common stock through sales agents and forward sellers.
- May enter forward sale agreements where borrowed shares can be sold; company expects to physically settle forwards but may cash- or net-share settle.
- ATM sales can occur via NYSE ordinary brokers’ transactions, block trades, market makers or other lawful methods under Form S-3 registration.
- Filed a prospectus supplement registering up to 261,753 resale shares issued as consideration for a recent lease amendment.
Original SEC Filing:
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