Atlantic Union Bankshares: underwriters exercise full option on 1,478,873 more shares
On October 21, 2024, Atlantic Union Bankshares entered into an underwriting agreement for a registered public offering of 9,859,155 common shares and a related forward sale agreement covering the same number of shares, both with Morgan Stanley & Co. LLC. The underwriters then exercised in full their 30-day option to buy 1,478,873 additional shares, and the company entered into an additional forward sale agreement for that number of shares. The filing does not state the offering price or the proceeds, so shareholders can see the share count but not the financial terms in this filing.
Key points
- Underwriting agreement dated October 21, 2024 covers 9,859,155 common shares, par value $1.33 per share.
- Forward sale agreement with Morgan Stanley & Co. LLC covers 9,859,155 shares.
- On October 21, 2024, underwriters exercised in full their 30-day option for 1,478,873 additional shares, with an Additional Forward Sale Agreement for the same number.
- The filing does not disclose the offering price or proceeds.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.