FrontView REIT Amends Distribution Agreement for $125M ATM Program

What Happened FrontView REIT, Inc. filed an 8‑K on August 19, 2026 announcing an Amended and Restated Distribution Agreement with multiple banks and broker‑dealers (including J.P. Morgan, BofA, Morgan Stanley, Jefferies and others). Under the agreement the company may sell, from time to time, shares of common stock with an aggregate gross sales price of up to $125.0 million through an at‑the‑market (ATM) program or in negotiated transactions. The sales are being made under the company’s effective Form S‑3 shelf registration (declared effective Dec. 17, 2025) and a prospectus supplement dated Aug. 19, 2026.

Key Details

• Date: Amended Distribution Agreement effective August 19, 2026.
• Capacity: Up to $125.0 million aggregate gross sales price of common stock; approximately $50.7 million of Shares previously sold, leaving about $74.3 million available.
• Fees: Company will pay selling commissions and related fees up to 2.0% of gross sales (or a comparable commission structure for forward transactions).
• Forward sales: The agreement permits forward sale arrangements (both contingent and non‑contingent) with various forward purchasers/sellers; settlement may be physical (delivery of shares), cash or net‑share, and contingency premiums may apply for contingent forwards.

Why It Matters This filing gives FrontView additional capital‑raising flexibility by reauthorizing an ATM sales program and allowing forward sale structures. For investors, that means the company can raise cash quickly when it chooses, but share issuance or forward settlements can dilute existing shareholders and affect per‑share measures. Commissions and the structure of any forward transactions will affect net proceeds and timing of receipts; the Agents are not obligated to sell any specific amount, so actual dilution depends on future decisions and market conditions.