CTO Realty Growth, Inc. announced on October 28, 2026, that it has entered into a new equity distribution agreement and related amendments with BofA Securities, Inc. The filing details that the company has incorporated BofA or its affiliate as an additional sales agent, forward seller, and forward purchaser in its previously announced at-the-market common stock offering program.
Under the terms of the new agreement, CTO Realty Growth may issue and sell shares of its common stock, which have a par value of $0.01 per share, with an aggregate offering price of up to $250,000,000. This program is designed to allow the company to sell shares from time to time as market conditions warrant.
The company also executed separate amendments to its existing equity distribution agreements to accommodate the participation of BofA. These existing agreements were originally dated November 12, 2024, and were previously amended on April 29, 2026. The amendments update the existing contracts to reflect the new participation by BofA Securities.
The parties involved in the updated agreements include A.G.P./Alliance Global Partners, B. Riley Securities, Inc., Robert W. Baird & Co. Incorporated, Jefferies LLC, JonesTrading Institutional Services LLC, KeyBanc Capital Markets Inc., Lucid Capital Markets, LLC, Raymond James & Associates, Inc., Regions Securities LLC, Truist Securities, Inc., Wells Fargo Securities, LLC, Cantor Fitzgerald & Co., and Huntington Securities, Inc.
CTO Realty Growth, Inc. is a Maryland corporation with its principal executive offices located at 369 N. New York Ave., Suite 201, Winter Park, Florida. The company’s common stock is listed on the New York Stock Exchange under the ticker symbol CTO.