Public Event Detail
Acadia Realty Trust prices 9 million share offering at $21.95 each
Public historical observation from the Merrowstone archive. This page shows event-level context only. Accepted assertions, evidence lineage, and relationship intelligence remain part of the premium research layer.
Event summary
Acadia Realty Trust (NYSE: AKR) has priced an underwritten offering of 9 million common shares at $21.95 per share, with an option for underwriters to purchase an additional 1.35 million shares. The offering is expected to close on June 11, 2026, and the company plans to use the net proceeds from future settlement of forward sale agreements for acquisition opportunities, debt repayment, and general corporate purposes. BofA Securities, Jefferies, Truist Securities, and Wells Fargo Securities are serving as joint book-running managers.