ACADIA REALTY TRUST (AKR) Form 424B5 — Jun 11, 2026
Acadia Realty Trust (AKR) has filed a prospectus supplement for a $195.6 million equity offering structured through forward sale agreements with Bank of America, Jefferies, Truist, and Wells Fargo. The company will receive net proceeds upon settlement, expected within 12 months, at a forward price of $21.80 per share, which is a 3.5% discount to the June 9 market price of $22.59. The offering involves 9 million shares, representing approximately 6.3% dilution to the current 142.6 million shares outstanding. Proceeds will be used for acquisitions in existing street portfolio markets, debt repayment, and general corporate purposes.
Key figures
- Cash Position
- 0
- Gross Proceeds
- 195600000
- Offering Price
- 21.8
- Shares Offered
- 9000000
- Shares Outstanding
- 142565440
- Last sale price
- 22.59
- Forward sale price
- 21.8
- Term loans outstanding
- 900000000
- Term loan 75m outstanding
- 75000000
- Revolving credit outstanding
- 105800000
Price after filing
Close on the filing date to close N calendar days later (from $21.97). Historical, not a forecast.
AI analysis
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