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Digital Realty logoDigital Realty DLR

The company said that on February 23, 2024, Digital Realty Trust, Inc. and Digital Realty Trust, L.P. entered into an amendment to their existing ATM Equity Sales Agreement, increasing the number of shares to be sold under the continuing offering program.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said that on February 23, 2024, Digital Realty Trust, Inc. and Digital Realty Trust, L.P. entered into an amendment to their existing ATM Equity Sales Agreement, increasing the number of shares to be sold under the continuing offering program.

  2. The company said that before the amendment, it had offered and sold common stock with an aggregate gross sales price of $1,241,726,894.43 under the Sales Agreement through February 23, 2024.

  3. The company said that as of February 23, 2024, following the amendment, it may offer and sell common stock with an aggregate offering price of up to $2,000,000,000.

  4. Digital Realty said it filed a prospectus supplement with the SEC dated February 23, 2024 in connection with the amendment, under its Form S-3 shelf registration statement that became effective on March 16, 2023, and filed an opinion of Venable LLP on the validity of the shares as Exhibit 5.1.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

ATM Program Capacity Increased Under Amended Sales Agreement

The company said that on February 23, 2024, Digital Realty Trust, Inc. and Digital Realty Trust, L.P. entered into an amendment to their existing ATM Equity Sales Agreement, increasing the number of shares to be sold under the continuing offering program.

Source · Based on the filing body and exhibits

Cumulative common stock sold before the Amendment

The company said that before the amendment, it had offered and sold common stock with an aggregate gross sales price of $1,241,726,894.43 under the Sales Agreement through February 23, 2024.

Source · Based on the filing body and exhibits

Aggregate Offering Price Capacity After Amendment

The company said that as of February 23, 2024, following the amendment, it may offer and sell common stock with an aggregate offering price of up to $2,000,000,000.

Source · Based on the filing body and exhibits

Prospectus Supplement Filed and Venable LLP Opinion

Digital Realty said it filed a prospectus supplement with the SEC dated February 23, 2024 in connection with the amendment, under its Form S-3 shelf registration statement that became effective on March 16, 2023, and filed an opinion of Venable LLP on the validity of the shares as Exhibit 5.1.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.