FARMERS AG MORTGAGE FILES 8-K ON EQUITY SALES
Ticker: AGM-PH · Form: 8-K · Filed: Aug 20, 2025 · CIK: 845877
| Field | Detail |
|---|---|
| Company | Federal Agricultural Mortgage Corp (AGM-PH) |
| Form Type | 8-K |
| Filed Date | Aug 20, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $100 million, $25.00, $97.1 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: unregistered-securities, 8-k, disclosure
TL;DR
FARMERS AG MORTGAGE filed an 8-K for unregistered equity sales & other disclosures.
AI Summary
On August 20, 2025, FEDERAL AGRICULTURAL MORTGAGE CORP filed an 8-K report detailing unregistered sales of equity securities. The filing also included Regulation FD disclosures and financial statements/exhibits, indicating ongoing corporate activities and reporting requirements.
Why It Matters
This filing signals potential changes in the company's equity structure or financing activities, which could impact its capital and shareholder base.
Risk Assessment
Risk Level: medium — Unregistered sales of equity securities can sometimes indicate financing needs or potential dilution, requiring closer scrutiny.
Key Players & Entities
- FEDERAL AGRICULTURAL MORTGAGE CORP (company) — Registrant
- August 20, 2025 (date) — Date of earliest event reported
FAQ
What specific equity securities were sold in the unregistered offering?
The filing does not specify the exact class or amount of equity securities sold in the unregistered offering, only that it occurred.
What was the purpose of the unregistered sale of equity securities?
The filing does not disclose the specific purpose behind the unregistered sale of equity securities.
Are there any financial statements or exhibits attached to this 8-K filing?
Yes, the filing indicates that Financial Statements and Exhibits are included as part of this 8-K report.
What is the company's fiscal year end?
The company's fiscal year end is December 31.
What is the SEC file number for FEDERAL AGRICULTURAL MORTGAGE CORP?
The SEC file number for FEDERAL AGRICULTURAL MORTGAGE CORP is 001-14951.
Filing Stats: 687 words · 3 min read · ~2 pages · Grade level 10.6 · Accepted 2025-08-20 17:28:17
Key Financial Figures
- $100 million — on ("Farmer Mac") priced an offering of $100 million (4,000,000 shares) of 6.500% Non-Cumula
- $25.00 — The Preferred Stock has a par value of $25.00 per share and a liquidation preference
- $97.1 million — lement are expected to be approximately $97.1 million. Farmer Mac intends to use the net proc
Filing Documents
- agm-20250820.htm (8-K) — 33KB
- farmermacprices100milliono.htm (EX-99) — 7KB
- image_0a.jpg (GRAPHIC) — 418KB
- 0000845877-25-000214.txt ( ) — 768KB
- agm-20250820.xsd (EX-101.SCH) — 2KB
- agm-20250820_def.xml (EX-101.DEF) — 17KB
- agm-20250820_lab.xml (EX-101.LAB) — 30KB
- agm-20250820_pre.xml (EX-101.PRE) — 18KB
- agm-20250820_htm.xml (XML) — 7KB
02 Unregistered Sales of Equity
Item 3.02 Unregistered Sales of Equity On August 20, 2025, the Federal Agricultural Mortgage Corporation ("Farmer Mac") priced an offering of $100 million (4,000,000 shares) of 6.500% Non-Cumulative Preferred Stock, Series H (the "Preferred Stock"). The Preferred Stock has a par value of $25.00 per share and a liquidation preference of $25.00 per share. The net proceeds before expenses to Farmer Mac for the Preferred Stock upon settlement are expected to be approximately $97.1 million. Farmer Mac intends to use the net proceeds of the offering for general corporate purposes. The Preferred Stock is not convertible or exchangeable into any other class or series of equity of Farmer Mac. The settlement date for the Preferred Stock offering is expected to be August 25, 2025. The Preferred Stock was offered in reliance on an exemption from registration under Section 3(a)(2) of the Securities Act of 1933, as amended, because Farmer Mac, a Congressionally chartered corporation, is supervised by and acting as an instrumentality of the United States pursuant to authority granted by Congress.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On August 20, 2025, Farmer Mac issued a press release to announce the pricing of the offering of the Preferred Stock. A copy of the press release is attached to this report as Exhibit 99 and is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99 Press Release dated August 20 , 2025 104 Cover Page Inline Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document included as Exhibit 101
SIGNATURES
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 thereunto duly authorized. FEDERAL AGRICULTURAL MORTGAGE CORPORATION By: /s/ Stephen P. Mullery Name: Stephen P. Mullery Title: Executive Vice President – General Counsel Dated: August 20, 2025