核心观点： The Macerich Company, a self-administered and self-managed REIT, is offering 14 million shares of its common stock in a forward sale agreement with several underwriters. The company, which owns a portfolio of regional and community shopping centers in the United States, intends to use the proceeds from the offering, after settlement of the forward sale agreements, to fund future acquisition opportunities and for general corporate purposes.
关键数据：
- ** offering price**： $23.90 per share
- ** total offering size**： $334.6 million
- ** underwriting discounts and commissions**： $10.874.5 million
- ** net proceeds**： estimated at $323.7255 million
- ** number of shares outstanding after offering**： 283.559375 shares
- ** forward sale agreements**： the company expects to enter into agreements with forward purchasers to sell the shares to the underwriters
- ** settlement of forward sale agreements**： expected to occur no later than approximately 12 months from the date of the prospectus supplement
风险因素：
- ** forward sale agreements**： the company has the right to elect physical, cash or net share settlement, which could result in dilution of earnings per share and return on equity or substantial cash payment obligations.
- ** stock price fluctuations**： the price of the company's common stock is subject to significant fluctuations due to various factors, including operating results, market conditions, and geopolitical events.
- ** REIT qualification**： the company is subject to various requirements to maintain its REIT status, and failure to comply could result in tax consequences.
其他重要信息：
- ** lock-up agreements**： the company's executive officers and directors have entered into lock-up agreements, restricting the sale of their shares for a certain period.
- ** selling restrictions**： the offering of the securities may be restricted in certain non-U.S. jurisdictions.
