Gladstone Land reclassifies 1.19 million Series D preferred shares as common stock

Reuters03-14 04:06
<a href="https://laohu8.com/S/LANDM">Gladstone Land</a> reclassifies 1.19 million Series D preferred shares as common stock
  • On March 12, 2026, Articles Supplementary were filed in Maryland to reclassify and designate 1.19 million authorized but unissued shares of 5.00% Series D Cumulative Term Preferred Stock as additional common shares.
  • Following the filing, authorized capital stock consisted of 52.02 million common shares and 6.33 million shares of 6.00% Series B Cumulative Redeemable Preferred Stock.
  • Authorized capital stock also included 25.67 million shares of 6.00% Series C Cumulative Redeemable Preferred Stock and 15.99 million shares of 5.00% Series E Cumulative Term Preferred Stock.
  • The filing did not increase the total number of authorized shares of capital stock.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gladstone Land Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-106109), on March 13, 2026, and is solely responsible for the information contained therein.

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