IPO - MODIV INDUSTRIAL, INC.

Form Type: 424B5

Filing Date: 2025-03-04

Corporate Action: Ipo

Type: New

Accession Number: 000114036125006972

Filing Summary: Modiv Industrial, Inc. filed Supplement No. 2 to its prospectus supplement relating to the issuance and sale of its Class C common stock, with an aggregate gross sales price of $50,000,000 authorized for an 'at-the-market' equity offering program. The filing includes details about Amendment No. 1 to the Amended and Restated At Market Issuance Sales Agreement signed on March 4, 2025, specifically updating the sales agents involved. Since the commencement of the amended agreement, 521,837 shares of Class C Common Stock have been sold for approximately $9.7 million, with an additional $40.3 million worth of shares available for sale. The Class C Common Stock is listed on the NYSE under the symbol 'MDV'. The filing also emphasizes the importance of reading the prospectus supplement and associated legal disclaimers, although it confirms that the SEC has not approved or disapproved of the securities' registration.

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