Gladstone Land Corp | 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP)
Prospectus excerpt: We are offering 1,000,000 shares of our 6.375% Series A Cumulative Term Preferred Stock, par value $0.001 per share, or the Series A Term Preferred Stock.
Gladstone Land is a holding company. Through its subsidiaries, Co. is an externally-managed, agricultural real estate investment trust that is engaged in the business of owning and leasing farmland. Co.'s farmland is concentrated in locations where farmers are able to grow either fresh produce annual row crops, which are typically planted and harvested annually, or certain permanent crops. To a much lesser extent, Co. also owns farms that grow certain commodity crops. In addition, Co. owns several farm-related facilities that are necessary to the farming operations on the underlying farmland, such as cooling facilities, packinghouses, processing facilities, and various storage facilities.
Gladstone Land Corp | 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com