# Sunstone Hotel Investors, Inc. (SHO-PI) — capital_raise/atm_program [terminated]
Source: SEC API (secapi.ai) · situation sit_d844e1daf9b0ba9287b2 · retrieved 2026-08-14T01:42:01.154Z

## Overview
Sunstone Hotel Investors, Inc. is a real estate investment trust (REIT) that owns and operates hotels.

On August 10, 2026, Sunstone Hotel Investors, Inc. and its Operating Partnership entered into an equity distribution agreement with 11 sales agents (BofA Securities, BTIG, Cantor Fitzgerald, Capital One Securities, Huntington Securities, Jefferies, J.P. Morgan Securities, M&T Securities, Regions Securities, Truist Securities, and Wells Fargo Securities) and forward purchasers to offer and sell up to $300,000,000 in aggregate sale price of common stock. The agreement permits the Company to issue and sell shares from time to time through at-the-market offerings, negotiated transactions, or block trades, with agents receiving commissions not to exceed 2.0% of gross sales price. The Company simultaneously terminated a prior equity distribution agreement from March 1, 2023, under which $300,000,000 in shares remained unsold.

## Terms
- Counterparty: BofA Securities, Inc., BTIG, LLC, Cantor Fitzgerald & Co., Capital One Securities, Inc., Huntington Securities, Inc., Jefferies LLC, J.P. Morgan Securities LLC, M&T Securities, Inc., Regions Securities LLC, Truist Securities, Inc., Wells Fargo Securities, LLC, and Nomura Securities International, Inc. · Deal value: $300.0M · Consideration: stock

## Key dates
- Terminated 2026-08-10

## Timeline
- 2026-08-10 · 8-K (0001193125-26-342819): 8-K - Sunstone Hotel Investors, Inc. — *Sunstone Hotel Investors, Inc. is a real estate investment trust (REIT) that owns and operates hotels.* On August 10, 2026, Sunstone Hotel Investors, Inc. and its Operating Partnership entered into an equity distribution agreement with 11 sales agents (BofA Securities, BTIG, Cantor Fitzgerald, Capital One Securities, Huntington Securities, Jefferies, J.P. Morgan Securities, M&T Securities, Regions Securities, Truist Securities, and Wells Fargo Securities) and forward purchasers to offer and sell up to $300,000,000 in aggregate sale price of common stock. The agreement permits the Company to issue and sell shares from time to time through at-the-market offerings, negotiated transactions, or block trades, with agents receiving commissions not to exceed 2.0% of gross sales price. The Company simultaneously terminated a prior equity distribution agreement from March 1, 2023, under which $300,000,000 in shares remained unsold.
  https://www.sec.gov/Archives/edgar/data/1295810/0001193125-26-342819.txt

## Citations
- 0001193125-26-342819 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526342819
