Stag Industrial Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
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| ITEM 8.01. | OTHER EVENTS |
On February 12, 2025, STAG Industrial, Inc., a Maryland corporation (the “Company”), filed a Registration Statement on Form S-3ASR (the “New Registration Statement”) with the Securities and Exchange Commission (the “SEC”) to replace the Company’s prior Registration Statement on Form S-3ASR (No. 333-262791) filed with the SEC on February 16, 2022 (the “Prior Registration Statement”). The Prior Registration Statement was terminated upon the effectiveness of the New Registration Statement on February 12, 2025. In connection with the filing of the New Registration Statement, the Company filed with the SEC a prospectus supplement, dated February 13, 2025 (the “ATM Prospectus Supplement”), that continues the at-the-market offering of shares of the Company’s common stock having an aggregate offering price of up to $750,000,000 (the “Shares”). As of the date of this report, shares of the Company’s common stock having an aggregate offering price of up to approximately $510.5 million remain available for offer and sale pursuant to the ATM Prospectus Supplement.
In addition, on February 13, 2025, the Company and its operating partnership, STAG Industrial Operating Partnership, L.P., a Delaware limited partnership, entered into certain amendments (the “Amendments”) to the equity distribution agreements with each of Robert W. Baird & Co. Incorporated, BofA Securities, Inc., BMO Capital Markets Corp., BTIG, LLC, Citigroup Global Markets Inc., Evercore Group L.L.C., Jefferies LLC, Raymond James & Associates, Inc., RBC Capital Markets, LLC, Regions Securities LLC, TD Securities (USA) LLC, Truist Securities, Inc. and Wells Fargo Securities, LLC (or certain of their respective affiliates or agents), as sales agents, forward sellers and/or forward purchasers, to, among other things, reflect the filing of the New Registration Statement.
The Shares will be offered pursuant to the New Registration Statement and the ATM Prospectus Supplement. This Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy the Shares nor shall there be any sale of the Shares in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
The foregoing description of the Amendments does not purport to be complete and is qualified in its entirety by reference to Exhibit 1.1 filed with this Current Report on Form 8-K.
| ITEM 9.01. | FINANCIAL STATEMENTS AND EXHIBITS. |
| (d) | Exhibits. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| STAG INDUSTRIAL, INC. | ||
| By: | /s/ Jeffrey M. Sullivan | |
| Jeffrey M. Sullivan | ||
| Executive Vice President, General Counsel and Secretary | ||
Dated: February 13, 2025