Automotive Properties REIT Announces Filing of Final Short Form Prospectus in Connection with Public Offering of Units

Executive Summary

• Automotive Properties REIT filed a Final Short Form Prospectus for its previously announced bought‑deal public offering of units.
• The offering comprises 3,070,000 units at $11.11 per unit, with an over‑allotment option for up to an additional 460,500 units.
• Closing is expected on or about October 23, 2025, subject to customary conditions and TSX approval.

Key Details

• Units Offered: 3,070,000 Units at $11.11 per Unit.
• Over‑Allotment Option: Up to 460,500 additional Units may be issued under the underwriters’ option.
• Gross Proceeds (estimated): Approximately $34.1 million (3,070,000 × $11.11) plus any proceeds from exercised over‑allotments.
• Offering Structure: Bought‑deal public offering; units are being sold to the underwriters who will then distribute them to investors.
• Closing Date: Expected on or about October 23, 2025 pending customary closing conditions and Toronto Stock Exchange approval.
• Regulatory Filings: Final Short Form Prospectus filed with securities commissions in each Canadian province; receipt obtained.
• Access to Prospectus: Available free of charge via SEDAR+ (www.sedarplus.ca) or by contacting TD Securities Inc. (address, phone, email provided).
• U.S. Offering Restrictions: Units are not registered under U.S. securities laws and may not be offered or sold in the United States absent an exemption.
• Use of Proceeds: Not explicitly disclosed in the release; typical uses for REIT offerings include portfolio acquisitions, debt reduction, and general corporate purposes.

Notable Quotes

(No direct quotes from executives were included in the release.)