Welltower launches USD 7.5 billion at-the-market equity offering
WELL•New at-the-market equity agreement
Welltower set a new at-the-market equity distribution agreement for up to USD 7.5 billion of common stock.
Sales can be executed through multiple banks acting as sales agents, with the prior October 2025 agreement terminated.
Forward sale structure and resale registration
The structure also allows forward sale agreements, with cash proceeds expected only if the company elects physical settlement.
A separate prospectus supplement registered the resale of up to 261,753 common shares issued as consideration for a lease amendment.
