Gladstone Land Corporation Announces First Closing for its Series E Preferred Stock Offering

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Jan 19, 2023

MCLEAN, VA / ACCESSWIRE / January 18, 2023 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that it will have the first closing for the continuous offering of its 5.00% Series E Cumulative Redeemable Preferred Stock (the "Series E Preferred Stock") on January 19, 2023. The Company filed the prospectus supplement for the offering on November 9, 2022. In anticipation of the first closing, the board of directors declared the following cash distributions for each of January, February and March 2023 for the Series E Preferred Stock.