Item 7.01. Regulation FD Disclosure.
On
A copy of the press release is furnished as Exhibit 99.1 to this report. The Company also posted an updated investor presentation to its website, which is furnished as Exhibit 99.2 to this report. The press release and investor presentation can be found on the Investors section of the Company's website
at www.agreerealty.com. The information in this Item 7.01, including Exhibits 99.1 and 99.2 attached hereto, is being furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of such section, nor shall such information be deemed to be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. Item 8.01. Other Events. OnJanuary 4, 2023 , the Company announced its weighted-average number of common shares outstanding for the three and twelve months endedDecember 31, 2022 . The following table computes the Company's weighted-average number of common shares outstanding for the periods: Three Months Twelve Months Ended Ended December 31, 2022 December 31, 2022 Weighted-average number of common shares outstanding 88,660,310 78,885,063 Less: Unvested restricted stock (225,730 ) (225,730 )
Weighted-average number of common shares outstanding used in basic earnings per share
88,434,580 78,659,333
Weighted-average number of common shares outstanding used in basic earnings per share
88,434,580 78,659,333 Effect of dilutive securities: Share-based compensation 126,977 129,474 ATM forward equity offerings 55,730 63,381 December 2021 Forward Offering - 89,963 May 2022 Forward Offering - 173,429 September 2022 Forward Offering 195,223 48,806
Weighted-average number of common shares outstanding used in diluted earnings per share
88,812,510 79,164,386 Operating Partnership Units ("OP Units") 347,619 347,619
Weighted-average number of common shares and OP Units outstanding used in diluted earnings per share
89,160,129 79,512,005
To account for the potential dilution resulting from the forward equity
offerings on earnings per share calculations, the Company used the treasury
stock method to determine the dilution during the period of time prior to
settlement. The impact of the offerings on the Company's weighted-average
diluted shares for the three months ended
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits Exhibit Description
99.1 Press release, dated
Record 2022 Investment Activity & Provides Update on Capital Markets Activities". 99.2January 2023 Investor Presentation. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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