Exhibit 1.2
REXFORD INDUSTRIAL REALTY, INC.
(a Maryland corporation)
$1,250,000,000 of Common Stock
(Par Value $0.01)
AMENDMENT NO. 1 TO THE EQUITY DISTRIBUTION AGREEMENT
October 23, 2023
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To the addressee set forth above:
Reference is made to the Equity Distribution Agreement, dated February 17, 2023 (the “Agreement”), by and among Rexford Industrial Realty, Inc., a Maryland corporation (the “Company”), Rexford Industrial Realty, L.P., a Maryland limited partnership (the “Operating Partnership”), [ • ] (in its capacity as forward purchaser, the “Forward Purchaser”) and [ • ] (in its capacity as agent for the Company and/or principal in connection with the offering and sale of any Issuance Securities pursuant to the Agreement, the “Sales Agent,” and in its capacity as agent for the Forward Purchaser in connection with the offering and sale of any Forward Hedge Securities pursuant to the Agreement, the “Forward Seller”).
The Agreement contemplates the offering and sale of Shares pursuant to the Company’s automatic shelf registration statement on Form S-3 (File No. 333-249932). The Company has filed with the Commission (i) an automatic shelf registration statement on Form S-3 (File No. 333-275138) relating to, among other things, the Company’s Common Stock (which new registration statement became effective upon the filing thereof with the Commission on the date hereof) and (ii) a prospectus supplement dated October 23, 2023 relating to the Securities and an accompanying prospectus dated October 23, 2023.
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained in this agreement, and for other good and valuable consideration the receipt and sufficiency of which the Company, the Operating Partnership, the Sales Agent, the Forward Purchaser and the Forward Seller (collectively, the “Parties”) hereto acknowledge, the Parties hereto agree as follows, effective on and after October 23, 2023:
1. Description of Securities. The second paragraph of Section 1 of the Agreement shall be replaced in its entirety with the following:
The Company has filed, in accordance with the provisions of the Securities Act of 1933, as amended, and the rules and regulations thereunder (collectively, the “Securities Act”), with the Commission an automatic shelf registration statement on Form S-3 (File No. 333-275138), which automatic shelf registration statement became effective upon filing under Rule 462(e) under the Securities Act, including a base prospectus, relating to certain securities, including the Securities to be offered and sold from time to time, and which incorporates by reference documents that the Company has filed or will file in accordance with the provisions of the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder (collectively, the “Exchange Act”). The Company has prepared a prospectus supplement specifically relating to the Securities (the “Prospectus Supplement”) to the base prospectus included as part of such registration statement. The Company will furnish to the Sales Agent or the Forward Seller, as applicable, for use by the Sales Agent or the Forward Seller, as applicable, copies of the base prospectus included as part of such registration statement, as supplemented by the Prospectus Supplement, relating to the Securities. The “Registration Statement,” as of any time, means such registration statement as amended by any post-effective amendments thereto at such time, including the exhibits and any schedules thereto at such time, the documents incorporated or deemed to be incorporated by reference therein at such time pursuant to Item 12 of Form S-3 under the Securities Act and the documents and information otherwise deemed to be a part thereof as of such time pursuant to Rule