CoreCivic : Termination of Material Definitive Agreement (Form 8-K)
August 26, 2021 at 03:01 am EDT
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Termination of Material Definitive Agreement
On August 25, 2021, CoreCivic, Inc. (the 'Company') terminated its Amended and Restated Equity Offering Sales Agreement by and among the Company and the agents set forth therein (the 'Agents') dated August 28, 2018 (the 'Sales Agreement'). The Sales Agreement provided that the Company may sell shares of its common stock, par value $0.01 per share (the 'Common Stock'), from time to time, having an aggregate gross sales price not to exceed $200,000,000 through an 'at the market' equity offering program under which the Agents acted as sales agent. No sales of the Company's Common Stock were made under the Sales Agreement, and the Company decided to terminate the Sales Agreement as the registration statement on Form S-3(File No. 333-227078)that the Company filed with the Securities and Exchange Commission on August 28, 2018, will expire this month, and the Company has no current plans to issue any shares of Common Stock.
The foregoing description of the Sales Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Sales Agreement, a copy of which is filed as Exhibit 1.1 to the Company's Current Report on Form 8-Kfiled with the SEC on August 28, 2018.
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CoreCivic Inc. published this content on 25 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 August 2021 07:00:15 UTC.
CoreCivic, Inc. is a diversified, government-solutions company. The Company provides a broad range of solutions to government partners that serve the public good through corrections and detention management. Its segments include CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. CoreCivic Safety segment consists of approximately 43 correctional and detention facilities that are owned, or controlled via a long-term lease, and managed by CoreCivic, as well as those correctional and detention facilities owned by third parties but managed by CoreCivic. CoreCivic Safety also includes the operating results of its subsidiary that provides transportation services to governmental agencies, TransCor America, LLC. CoreCivic Community segment consists of the residential reentry centers that are owned, or controlled via a long-term lease, and managed by CoreCivic. CoreCivic Properties segment consists of the real estate properties owned by CoreCivic and leased to government agencies.
CORECIVIC, INC. 
