SUBJECT TO COMPLETION PRELIMINARY PROSPECTUS DATED OCTOBER 6, 2015 • E PROSPECTUS E = 5" fa -,E, AMERICAN •-• CC O.) FARMLAND N 16 Company 0) 2 a., — 5 s 11 .12 American Farmland Company is an internally managed real estate company that owns a diversified portfolio of high-quality farmland, consisting of mature permanent. specialty/vegetable row and commodity row crop farms• as wet] as farmland development. located in select major 03 • tr., agricultural regions in the United States. We seek to provide our stockholders with a combination of (i) current income from rentine our stable E ▪ a.. portfolio of mature farm and (ii) capital appreciation. partially driven by our ability to devekp properties to maximize their value. SW lease our farms to experienced professions] farmer tenants under a variety of lease structures with staggered durations, including fixed and participating a ea leases. which typically consist of fixed base rent and participating revenue components. 5 to This is our initial public offering, and currently no public market exists for our common mock. We arc offering 12.000000 shares of our to a common stock as described in this prospectus. We currently expect the initial public offering price of our common stock to be between S8.50 anti SI0S0 per share. We are pursuing this offering in order to repay our indebtedness and =mire additional highquality farmland properties to increase our scale and diversification. Our common Mock has been approved for listing. subject to official notice of issuance, on the New York trri 4) Stock Exchange under the symbol -Alto." ea 2 All of our executive officer, and founders (or their affiliates) have each individually indicated an interest in purchasing approximately 5 , $3.2.5 million collectively, of shares of our common stock in this offering at the public offering price. However, because indications of interest are . not binding agreements or commitments to purchas