Acadia Realty prices 9,000,000-share offering at $21.95 per share

Acadia Realty Trust

Acadia Realty Trust

AKR

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  • Acadia Realty Trust priced an underwritten follow-on offering of 9,000,000 common shares at USD 21.95 per share.
  • Underwriters hold a 30-day option to buy up to 1,350,000 additional common shares; closing is expected June 11, 2026.
  • Forward sale agreements cover 9,000,000 shares; physical settlement may occur through June 9, 2027, with cash proceeds tied to forward prices.
  • No proceeds are expected at pricing; net proceeds on settlement are earmarked for acquisitions in street portfolio markets or general corporate purposes.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Acadia Realty Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20260610029219) on June 10, 2026, and is solely responsible for the information contained therein.