Offerings // MODIV INDUSTRIAL, INC.

MDV offering history

Every offering-related filing in MODIV INDUSTRIAL, INC.’s recent SEC record — registrations (announced capacity) kept separate from pricing documents (executed sales). Reviewed 1,002 filings back to Dec 7, 2018.

Last executed offering

Aug 7, 2025

424B2 — priced deal (shares or notes)

Last registration (announced)

May 30, 2025

S-3 — capacity, not a sale

Executed, last 12 months

424B pricings + 8-K 3.02 sales

Registered, last 12 months

S-1/S-3/F-series registrations

Date	Filing		What it means
Aug 22, 2025	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Aug 7, 2025	424B2 →	EXECUTED	Prospectus supplement priced — shares or notes (large filers: often a bond deal)
Jun 27, 2025	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
May 30, 2025	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Mar 4, 2025	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Feb 4, 2025	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Aug 6, 2024	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
May 7, 2024	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Mar 21, 2024	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Mar 21, 2024	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Nov 13, 2023	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 6, 2022	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 2, 2022	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
May 27, 2022	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
Mar 30, 2022	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Feb 11, 2022	424B4 →	EXECUTED	Final prospectus — offering priced (typical for IPOs and marketed share deals)
Feb 10, 2022	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Feb 9, 2022	S-11/A →	REGISTERED	S-11/A registration — capacity to sell shares, not a sale yet
Dec 8, 2021	S-11 →	REGISTERED	S-11 registration — capacity to sell shares, not a sale yet
Sep 15, 2021	424B4 →	EXECUTED	Final prospectus — offering priced (typical for IPOs and marketed share deals)
Sep 14, 2021	FWP →	MARKETING	Free-writing prospectus — offering being marketed
Sep 14, 2021	FWP →	MARKETING	Free-writing prospectus — offering being marketed
Sep 14, 2021	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Sep 13, 2021	S-11/A →	REGISTERED	S-11/A registration — capacity to sell shares, not a sale yet
Aug 25, 2021	S-11 →	REGISTERED	S-11 registration — capacity to sell shares, not a sale yet
Feb 4, 2021	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Nov 18, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Aug 18, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Jun 25, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
May 29, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
May 22, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
May 8, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Apr 20, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Apr 13, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Apr 2, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Mar 19, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Mar 16, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Jan 31, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Dec 31, 2019	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Dec 23, 2019	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital

MDV offering-related filings from SEC EDGAR, newest first (capped at 40). Each links to the original document.

Two honest limits. (1) A 424B takedown can price shares or notes— EDGAR’s metadata doesn’t say which, so open the document: large investment-grade filers use these mostly for bond deals (no dilution), small-caps mostly for shares. (2) At-the-market (ATM) programs sell shares gradually and individual sales are not separately filed — the visible footprint is the enabling shelf and its 424B5; actual ATM share counts surface later in the 10-Q/10-K share count. Educational information from public filings, not investment advice.

Is a shelf active now? →Do they need money? →Red flags →Full MDV workspace →

MDV offering FAQ

When did MDV last execute an offering?

Per SEC filings, MODIV INDUSTRIAL, INC.'s most recent priced offering document is a 424B2 filed 2025-08-07. Note a 424B takedown can price shares or notes (debt) — the linked document says which.

When did MDV last announce or register an offering?

The most recent registration is a S-3 filed 2025-05-30. A registration is capacity to sell shares — not a sale.

Does an offering always mean dilution?

Registered direct offerings and shelf takedowns issue new shares and dilute existing holders. Resale registrations (424B3/B7) let existing holders sell and do not create new shares. Secondary sales by insiders also do not dilute. Each row here is labeled with what it is.