UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01. Other Events.
On January 6, 2022, Armada Hoffler Properties, Inc. (the “Company”) and Armada Hoffler, L.P. entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc., as the underwriter (the “Underwriter”). Pursuant to the terms and conditions of the Underwriting Agreement, the Company agreed to sell 3,500,000 shares of its common stock, $0.01 par value per share (“Common Stock”). Pursuant to the terms of the Underwriting Agreement, the Company granted the Underwriter a 30-day option to purchase up to an additional 525,000 shares of Common Stock, which was exercised in full on January 7, 2022. Pursuant to the Underwriting Agreement, the Underwriter purchased the shares from the Company at a purchase price of $14.45 per share of Common Stock. The common stock was offered and sold pursuant to a prospectus supplement, dated January 6, 2022, and a base prospectus, dated March 9, 2020, relating to the Company’s effective shelf registration statement on Form S-3 (File No. 333-236982). The closing of the offering occurred on January 11, 2022.
A copy of the Underwriting Agreement is filed herewith as Exhibit 1.1 to this Current Report on Form 8-K and is incorporated herein by reference. The summary set forth above is qualified in its entirety by reference to Exhibit 1.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Description | |
1.1 | Underwriting Agreement, dated January 6, 2022, by and among Armada Hoffler Properties, Inc., Armada Hoffler, L.P. and BofA Securities, Inc., as the underwriter. | |
5.1 | Opinion of Morrison & Foerster LLP regarding the legality of shares. | |
23.1 | Consent of Morrison & Foerster LLP (included in Exhibit 5.1). | |
104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. |
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.
ARMADA HOFFLER PROPERTIES, INC. | ||
Date: January 11, 2022 | By: | /s/ Michael P. O’Hara |
Michael P. O’Hara | ||
Chief Financial Officer, Treasurer, and Secretary |