LTC Properties Inc. has made amendments to its equity distribution agreement, adding RBC Capital Markets, LLC and BTIG, LLC as additional agents for the sale of up to $400 million in shares of common stock. Additionally, LTC Properties terminated its agreement with BMO Capital Markets Corp., Bank of Montreal, and Wedbush Securities Inc., leaving approximately $376.4 million in unsold shares. Specific details on the total number of shares and price per share were not disclosed in the document.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LTC Properties Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-074234), on August 05, 2025, and is solely responsible for the information contained therein.