Core Viewpoint - American Healthcare REIT, Inc. has initiated an underwritten public offering of 8,100,000 shares of its common stock, with RBC Capital Markets serving as the underwriter [1] Offering Details - The company plans to enter into a forward sale agreement with RBC Capital Markets for the 8,100,000 shares, with an option for the underwriter to purchase an additional 1,215,000 shares [2] - If the underwriter exercises the option, the total shares could increase to 9,315,000, and an additional forward sale agreement will be established [3] Forward Sale Agreement - The forward purchaser is expected to borrow and sell the shares to the underwriter, but is not obligated to do so if certain conditions are not met [3] - The company will issue shares to the underwriter equal to any shares not delivered by the forward purchaser, reducing the number of shares under the forward sale agreement accordingly [4] Proceeds and Use of Funds - The company will not receive proceeds from the forward purchaser's sale of shares, but expects to contribute any net proceeds from the settlement to its operating partnership for general corporate purposes [5] Regulatory Compliance - All shares will be offered under the company's effective shelf registration statement filed with the SEC, and a preliminary prospectus supplement will be made available [6]
American Healthcare REIT Announces Public Offering of Common Stock