---
title: "Macerich completes sale of 16.1M shares including fully exercised 2.1M option to fund acquisitions"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291150628.md"
description: "Macerich completed the sale of 16.1 million shares, including a fully exercised 2.1 million share option, to fund future acquisitions and general corporate purposes. The company closed a 14 million-share forward offering on June 17, 2026, with underwriters exercising an additional option for 2.1 million shares on June 26, 2026. Proceeds will be contributed to its operating partnership."
datetime: "2026-06-29T13:03:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291150628.md)
  - [en](https://longbridge.com/en/news/291150628.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291150628.md)
generator: "portal-rs"
---

# Macerich completes sale of 16.1M shares including fully exercised 2.1M option to fund acquisitions

**Macerich announced the closing of a 14,000,000-share forward offering and the full exercise of a 2,100,000-share option, with proceeds to be contributed to its operating partnership.**

**Key Highlights:**

-   Closed sale of 14,000,000 common shares via forward sales agreements on June 17, 2026; proceeds to be contributed to the Operating Partnership.
-   Underwriters exercised a 30-day option for 2,100,000 additional shares; option shares closed June 26, 2026 after additional forward sale agreements.
-   Company expects physical settlement of additional forwards and to receive proceeds by June 16, 2027, but may elect cash or net-share settlement which could change proceeds.
-   Operating Partnership will use net proceeds for future acquisitions and general corporate purposes; funds may be held in short-term interest-bearing accounts pending use.

Original SEC Filing: MACERICH CO \[ MAC \] - 8-K - Jun. 29, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**