Macerich prices 14M-share offering at $23.90 via forward sale; company gets no initial proceeds

Filed June 16, 2026 · ~1 min read

Key Changes

• high

  Macerich is offering 14,000,000 shares at $23.90 per share, for total gross proceeds of $334.6 million before underwriting discounts.

  The Offering verify on EDGAR →
• high

  The company will not initially receive any proceeds; all offering proceeds go to the forward purchasers or their affiliates.

  Use of Proceeds verify on EDGAR →
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  If the forward sale agreements are physically settled, the company estimates net proceeds of approximately $323.7 million (or $372.3 million if the underwriters' option is fully exercised).

  Use of Proceeds verify on EDGAR →