Gladstone Commercial Corp Enters Material Definitive Agreement

Ticker: GOODO · Form: 8-K · Filed: Mar 26, 2024 · CIK: 1234006

Gladstone Commercial Corp 8-K Filing Summary
FieldDetail
CompanyGladstone Commercial Corp (GOODO)
Form Type8-K
Filed DateMar 26, 2024
Risk Levelmedium
Pages3
Reading Time3 min
Key Dollar Amounts$0.001, $250.0 million
Sentimentneutral

Sentiment: neutral

Topics: material-agreement

Related Tickers: GOOD

TL;DR

GOOD just signed a big deal, details TBD.

AI Summary

Gladstone Commercial Corporation (GOOD) announced on March 26, 2024, that it entered into a material definitive agreement. The filing does not provide specific details on the agreement, dollar amounts, or parties involved, but it indicates a significant event for the company.

Why It Matters

This filing signals a significant corporate action by Gladstone Commercial Corp, potentially impacting its business operations, financial structure, or strategic direction.

Risk Assessment

Risk Level: medium — The lack of specific details in the 8-K filing regarding the material definitive agreement introduces uncertainty and potential risk.

Key Players & Entities

  • Gladstone Commercial Corporation (company) — Registrant
  • GOOD (company) — Ticker Symbol
  • March 26, 2024 (date) — Date of earliest event reported

FAQ

What is the nature of the material definitive agreement entered into by Gladstone Commercial Corporation?

The filing does not specify the nature of the material definitive agreement.

Who are the other parties involved in this material definitive agreement?

The filing does not disclose the names of the other parties involved in the agreement.

What is the effective date of this material definitive agreement?

The earliest event reported is March 26, 2024, which is the date of the filing and likely the date the agreement was entered into or became effective.

Are there any financial implications or dollar amounts associated with this agreement mentioned in the filing?

No specific dollar amounts or financial implications of the agreement are detailed in this 8-K filing.

What is the purpose of this material definitive agreement for Gladstone Commercial Corporation?

The purpose of the agreement is not disclosed in this particular filing.

Filing Stats: 816 words · 3 min read · ~3 pages · Grade level 9.4 · Accepted 2024-03-26 16:20:11

Key Financial Figures

  • $0.001 — ich Registered Common Stock, par value $0.001 per share GOOD The Nasdaq Stock Mar
  • $250.0 million — sale of an aggregate offering amount of $250.0 million of Shares. The foregoing description

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits. Exhibit No. Description 1.1 Amendment No. 1 to the At-the-Market Equity Offering Sales Agreement, dated March 26, 2024, by and among Gladstone Commercial Corporation, Gladstone Commercial Limited Partnership, BofA Securities, Inc., Goldman Sachs & Co. LLC, Robert W. Baird & Co. Incorporated, KeyBanc Capital Markets Inc. and Fifth Third Securities, Inc. 5.1 Opinion of Venable LLP regarding the legality of shares. 8.1 Opinion of Squire Patton Boggs (US) LLP regarding certain tax matters. 23.1 Consent of Venable LLP (included in Exhibit 5.1). 23.2 Consent of Squire Patton Boggs (US) LLP (included in Exhibit 8.1). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

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 hereunto duly authorized. Gladstone Commercial Corporation (Registrant) By: /s/ Gary Gerson (Gary Gerson, Chief Financial Officer) Dated: March 26, 2024

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