The company said it entered into an Equity Distribution Agreement on May 6, 2024 under which it may offer and sell common stock from time to time through the Managers, for up to $2,000,000,000 in aggregate gross sales price.

1. 01

   The company said it entered into an Equity Distribution Agreement on May 6, 2024 under which it may offer and sell common stock from time to time through the Managers, for up to $2,000,000,000 in aggregate gross sales price.

2. 02

   The company said it terminated its existing at-the-market offering program when it entered into the Equity Distribution Agreement, and that approximately $551.5 million of common stock remained unsold under that program at the time of termination.

3. 03

   The company said it may enter into Forward Sale Agreements. It said it will not receive proceeds from the Forward Seller's sales of borrowed shares. It expects, if it fully physically settles each agreement, to receive cash equal to the number of shares underlying the agreement multiplied by the applicable forward sale price per share, subject to certain adjustments.

4. 04

   The company said it plans to contribute net proceeds to VICI OP for use in acquiring, developing and improving properties, originating and funding loans secured by real estate, and general corporate purposes. It also said the commission paid to each Manager will not exceed 2.0% of the gross sales price.

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

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

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