Company: LANDO
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001495240-25-000028
Chunk: 121

Company: GLADSTONE LAND Corp
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 121
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)$(4,992)Weighted average shares of common stock outstanding – basic and diluted36,190,889 35,838,442 36,186,758 35,838,442 Loss per common share – basic and diluted$(0.11)$(0.16)$(0.24)$(0.14)

NOTE 12.  SUBSEQUENT EVENTS

Financing ActivityEquity Activity—Equity IssuancesThe following table provides information on equity sales that occurred subsequent to September 30, 2025 (dollars in thousands, except per-share amounts):Type of IssuanceNumber ofShares SoldWeighted Average Offering PricePer ShareGross ProceedsNet Proceeds(1)Common Stock – ATM Program$959,432 $9.26 $8,884 $8,795 (1)Net of underwriting discounts and commissions.DistributionsOn October 14, 2025, our Board of Directors declared the following monthly cash distributions to holders of our preferred and common stock:

24

IssuanceRecord DatePayment DateDistribution per ShareSeries B Preferred Stock:October 24, 2025October 31, 2025$0.125 November 17, 2025November 26, 20250.125 December 22, 2025December 31, 20250.125 Total Series B Preferred Stock Distributions:$0.375 Series C Preferred Stock:October 24, 2025October 31, 2025$0.125 November 17, 2025November 26, 20250.125 December 22, 2025December 31, 20250.125 Total Series C Preferred Stock Distributions:$0.375 Series D Term Preferred Stock:October 24, 2025October 31, 2025$0.104167 November 17, 2025November 26, 20250.104167 December 22, 2025December 31, 20250.104167 Total Series D Term Preferred Stock Distributions:$0.312501 Series E Preferred Stock:October 27, 2025November 5, 2025$0.104167 November 25, 2025December 5, 20250.104167 December 29, 2025January 5, 20260.104167 Total Series E Preferred Stock Distributions:$0