2,800,000 Shares ALPINE INCOME PROPERTY TRUST, INC. Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • June 7th, 2021 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York
Alpine Income Property Trust, Inc., a Maryland corporation (the “Company”), Alpine Income Property Manager, LLC, a Delaware limited liability company (the “Manager”), and Alpine Income Property OP, LP, a Delaware limited partnership and the Company’s operating partnership (the “Operating Partnership”), propose, subject to the terms and conditions stated herein, that the Company will issue and sell to the several Underwriters named in Schedule I hereto (the “Underwriters”) an aggregate of 2,800,000 shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”). The aggregate of 2,800,000 shares of Common Stock to be purchased from the Company are called the “Firm Shares.” In addition, the Company has granted to the Underwriters, upon the terms and conditions stated herein, an option to purchase up to an additional 420,000 shares of Common Stock (the “Additional Shares”) to cover over-allotments by the Underwriters, if any. The Firm Shares and the Additional Shares
