Gladstone Land Corporation Announces Redemption of all Outstanding Shares of Its Series D Preferred Stock

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[{"type":"text","content":"MCLEAN, VA / ACCESS Newswire / January 6, 2026 / Gladstone Land Corporation (Nasdaq:LAND) (the "Company") today announced the redemption of all of the outstanding shares of its 5.00% Series D Cumulative Term Preferred Stock, par value $0.001 per share (the "Series D Preferred Stock"). A notice of redemption will be sent to all registered holders of Series D Preferred Stock, with a redemption date of January 30, 2026. The Series D Preferred Stock will be redeemed at a price equal to $25.100695 per share, representing the payment of the liquidation preference of $25.00, plus an amount equal to accrued and unpaid dividends to but excluding January 30, 2026 in the amount of $0.100695 per share.","length":719,"tagName":"p"},{"type":"text","content":"The Series D Preferred Stock (Nasdaq: LANDM; CUSIP No. 376549507) is held in book-entry form through The Depository Trust Company ("DTC") and will be redeemed in accordance with the procedures of DTC. After the redemption date, shares of Series D Preferred Stock will no longer be outstanding and all rights with respect to such shares will cease and terminate, except the right to payment of the redemption price. Also in connection with the redemption, the Series D Preferred Stock will be delisted from trading on The Nasdaq Global Market.","length":552,"tagName":"p"},{"type":"text","content":"Payment to DTC will be made by Computershare, the Company's redemption agent for the Series D Preferred Stock. Questions regarding redemption of the Series D Preferred Stock or the procedures therefor may be referred to Computershare at 150 Royall Street, Canton, MA 02021, Attn: Corporate Actions, Telephone No.: (855) 396-2084.","length":333,"tagName":"p"},{"type":"text","content":"This press release does not constitute a notice of redemption under the Articles Supplementary governing the Series D Preferred Stock and is qualified in its entirety by reference to the notice of redemption issued by the Company.","length":230,"tagName":"p"},{"type":"text","content":"About Gladstone Land Corporation:","length":33,"tagName":"p"},{"type":"text","content":"Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. The Company currently owns 144 f...

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