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AI brief of an SEC Form 8-K · SL Green Realty (SLG)

SL Green completes 5,063,291-share offering at $79.00 per share

Neutral Impact 3 of 5 financing Written later

SL Green Realty completed an underwritten public offering of 5,063,291 common shares at $79.00 per share on November 25, 2024. The company estimates net proceeds of about $386.3 million, which it will contribute to its operating partnership for general corporate purposes, possibly including repayment of some debt. Shareholders will be diluted by the new shares, and underwriters hold a 30-day option to buy up to 759,493 more.

Key points

  • Offering of 5,063,291 common shares at $79.00 per share under an underwriting agreement dated November 21, 2024
  • Estimated net proceeds of $386.3 million, or $444.3 million if underwriters exercise their option in full
  • Proceeds to fund general corporate purposes, which may include new investments and repaying part of the operating partnership's debt

The filing

CompanySL Green Realty (SLG)
Form8-K, current report
Filed with the SECNov 25, 2024, 4:40 PM ET
Accession number0001104659-24-122599

Items reported: 1.01 Material Definitive Agreement3.02 Unregistered Equity Sale

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:39 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 November 25, 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.