Power Reit

Power REIT announced the immediate appointment of Brent Morrison as an independent trustee, effective July 6, 2026.

Power REIT has announced a one-for-ten reverse stock split of its common stock, effective June 2, 2026, to adjust its share structure.

Power REIT's 2025 annual meeting saw shareholders re-elect all four trustee nominees and ratify MaloneBailey LLP as the independent audit firm.

POWER REIT announced its 2025 annual shareholder meeting will be held on August 27, 2025, with a record date of July 28, 2025, for voting eligibility.

Power REIT resolves issues with its lender concerning the Greenhouse Loan by providing deeds-in-lieu of foreclosure for properties in Michigan and Nebraska, releasing the remaining collateral and obligations related to the loan.

Power REIT has entered into a sales agreement with A.G.P./Alliance Global Partners to potentially issue and sell common shares through an at-the-market offering.

Power REIT reported a slight decrease in revenue for Q1 2026, alongside a significant impairment charge, while working to improve its balance sheet and explore strategic alternatives.

Power REIT reported a significant reduction in net losses and resolved its distressed Greenhouse Loan, despite a decline in revenue and ongoing challenges in its cannabis-related portfolio.

Power REIT significantly reduced its net loss in the second quarter of 2025, driven by a gain on debt extinguishment and lower impairment expenses, despite a slight revenue decline.

Power REIT announces its Q1 2025 financial results, highlighting a net loss but also the resolution of its Greenhouse Loan through a settlement agreement.

Power REIT's Q3 2024 results reveal a net loss, ongoing efforts to address debt and operational issues, and strategic asset sales.

Power REIT has filed an amended quarterly report to correct an accounting error, reclassifying its Series A Preferred Stock from mezzanine equity to equity, which significantly impacts the company's balance sheet.

Power REIT reports significant net losses and a going concern warning, driven by underperforming cannabis greenhouse assets, as it pursues asset sales and strategic alternatives.

Power REIT announces its 2024 financial results, highlighting a strategic shift towards distressed real estate opportunities amidst ongoing challenges within its greenhouse portfolio.

Power REIT reports a challenging year with significant losses and concerns about its ability to continue as a going concern due to tenant defaults and market pressures.

Henry Posner III, a Director and 10% owner of Power REIT, significantly increased his beneficial ownership of the company's 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock through recent purchases.

Henry Posner III, a Director and 10% owner of Power REIT, filed an amended Form 4 to clarify the conversion features of his recently acquired Series A Preferred Stock.

Henry Posner III, a Director and 10% owner of Power REIT, acquired additional shares of the company's 7.75% Series A Preferred Stock.

Power REIT Director and 10% Owner Henry Posner III increased his beneficial ownership of the company's 7.75% Series A Preferred Stock through a recent purchase.

Henry Posner III, a Director and 10% owner of Power REIT, increased his beneficial ownership of the company's 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock through two open market purchases.

Power REIT reported a substantial net loss of $25.4 million in 2024, driven by significant asset impairments and widespread tenant defaults within its cannabis-focused greenhouse portfolio, prompting a strategic shift towards distressed real estate opportunities.

Power REIT's upcoming annual meeting will address the election of trustees, ratification of the accounting firm, and an advisory vote on executive compensation.

A group of Series A Preferred stockholders holding 11.7% of the class is demanding a special meeting to elect two new trustees due to ongoing dividend arrearages.

Holders of Power REIT's Series A Preferred Stock have issued a second demand for a special meeting to elect two trustees, citing unmet dividend obligations and a lack of response from the company.

A group of Power REIT preferred stockholders, collectively holding over 10% of Series A Preferred Stock, have formally demanded a special meeting to elect two new trustees due to unpaid dividends.

Bradley & Daytona Railway & Land Co. LLC reports a 7.1% beneficial ownership stake in Power REIT Series A Preferred Stock.

Bradley & Daytona Railway & Land Co. LLC files Amendment No. 2 to its Schedule 13D regarding Power REIT's Series A Cumulative Redeemable Perpetual Preferred Stock.

Bradley & Daytona Railway and Land Co. LLC has increased its beneficial ownership of Power REIT's Series A Preferred Stock to 6.14%, acquiring additional shares between March and April 2026.

Bradley & Daytona Railway and Land Co. LLC has reported a 5% passive ownership stake in Power REIT's Series A Cumulative Redeemable Perpetual Preferred Stock.