Acadia Realty Trust Files 8-K

TL;DR

ACAD filed an 8-K, check for updates.

AI Summary

Acadia Realty Trust filed an 8-K on October 28, 2024, reporting other events and financial statements. The filing does not contain specific details about the nature of these events or any financial figures within the provided text.

Why It Matters

This filing indicates that Acadia Realty Trust has submitted a current report to the SEC, which may contain material updates for investors.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report without immediate disclosed financial impacts or significant corporate actions.

Key Players & Entities

• Acadia Realty Trust (company) — Registrant
• October 28, 2024 (date) — Date of Report
• Maryland (jurisdiction) — State of incorporation
• 1-12002 (filing_number) — Commission File Number
• 23-2715194 (tax_id) — I.R.S. Employer Identification No.
• 411 Theodore Fremd Avenue Suite 300 Rye, New York 10580 (address) — Principal executive offices
• 914-288-8100 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.001 — hares of beneficial interest, par value $0.001 per share AKR The New York Stock Ex
• $400,000,000 — having an aggregate sale price of up to $400,000,000 (the "Shares") through an at-the-market

Filing Documents

• tm2426936d1_8k.htm (8-K) — 31KB
• tm2426936d1_ex1-1.htm (EX-1.1) — 511KB
• tm2426936d1_ex5-1.htm (EX-5.1) — 19KB
• tm242693d1_ex5-1img001.jpg (GRAPHIC) — 29KB
• tm242693d1_ex5-1img002.jpg (GRAPHIC) — 14KB
• 0001104659-24-111878.txt ( ) — 904KB
• akr-20241028.xsd (EX-101.SCH) — 3KB
• akr-20241028_lab.xml (EX-101.LAB) — 33KB
• akr-20241028_pre.xml (EX-101.PRE) — 22KB
• tm2426936d1_8k_htm.xml (XML) — 4KB

01 Other Events

Item 8.01 Other Events. On October 28, 2024, Acadia Realty Trust (the "Company") and Acadia Realty Limited Partnership, the operating partnership of the Company (the "Operating Partnership"), entered into an ATM Equity Offering Sales Agreement (the "Sales Agreement") with BofA Securities, Inc., Barclays Capital Inc., Goldman Sachs & Co. LLC, Jefferies LLC, J.P. Morgan Securities LLC, TD Securities (USA) LLC, Truist Securities, Inc. and Wells Fargo Securities, LLC, as sales agents and forward sellers (the "Sales Agents"), and Bank of America, N.A., Barclays Bank PLC, Goldman Sachs & Co. LLC, Jefferies LLC, JPMorgan Chase Bank, National Association, The Toronto-Dominion Bank, Truist Bank and Wells Fargo Bank, National Association, or one of their respective affiliates, as forward purchasers (the "Forward Purchasers"), to sell, from time to time, common shares of beneficial interest of the Company, par value $0.001 per share, having an aggregate sale price of up to $400,000,000 (the "Shares") through an at-the-market equity offering program. The Shares will be issued under the Company's shelf registration statement on Form S-3 ASR (File No. 333-275356), as supplemented by a prospectus supplement dated October 28, 2024 and filed with the Securities and Exchange Commission on October 28, 2024. Sales of Shares, if any, made through the Sales Agents, acting as sales agents, or through the Forward Sellers, acting as agents for the applicable Forward Purchasers, or through a Sales Agent, acting as principal, may be made by means of ordinary brokers' transactions on the New York Stock Exchange (the "NYSE") or other national securities exchange, or otherwise, at market prices prevailing at the time of sale, at prices related to prevailing market prices or negotiated transactions, which may include block transactions, or as otherwise agreed with the applicable Sales Agent or Forward Seller. Additionally, the Company may enter into one or more forward sale agreements with on

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 1.1 Sales Agreement, dated as of October 28, 2024, among Acadia Realty Trust, Acadia Realty Limited Partnership and BofA Securities, Inc., Barclays Capital Inc., Goldman Sachs & Co. LLC, Jefferies LLC, J.P. Morgan Securities LLC, TD Securities (USA) LLC, Truist Securities, Inc. and Wells Fargo Securities, LLC, as sales agents and forward sellers, and Bank of America, N.A., Barclays Bank PLC, Goldman Sachs & Co. LLC, Jefferies LLC, JPMorgan Chase Bank, National Association, The Toronto-Dominion Bank, Truist Bank and Wells Fargo Bank, National Association, or one of their respective affiliates, as forward purchasers 5.1 Opinion of Venable LLP 23.1 Consent of Venable LLP (included in Exhibit 5.1) 104 Cover Page Interactive Data File (formatted as inline XBRL with applicable taxonomy extension information contained in Exhibits 101)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ACADIA REALTY TRUST Dated: October 28, 2024 By: /s/ John Gottfried Name: John Gottfried Title: Executive Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR