Market Movers (8-K)
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Power REIT's 2026 Annual Meeting saw shareholders elect all board nominees, ratify the independent auditor, and approve an amendment to the Series A Preferred Stock.
AMEX
Power REIT has adjourned its 2026 Annual Meeting of Shareholders to November 10, 2026, due to insufficient votes for Proposal 3, with potential delisting risks if not approved.
Delay expected
Worse than expected
AMEX
Power REIT announces the date for its 2026 Annual Meeting of Shareholders and updates deadlines for shareholder proposals and director nominations.
AMEX
Power REIT announced the immediate appointment of Brent Morrison as an independent trustee, effective July 6, 2026.
AMEX
Power REIT has announced a one-for-ten reverse stock split of its common stock, effective June 2, 2026, to adjust its share structure.
AMEX
Power REIT's 2025 annual meeting saw shareholders re-elect all four trustee nominees and ratify MaloneBailey LLP as the independent audit firm.
Quarterly Earnings (10-Q)
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Power REIT's Q3 2026 report reveals continued net losses and material control weaknesses, despite strategic efforts to improve its balance sheet and portfolio.
Capital raise
Worse than expected
AMEX
Power REIT's Q2 2026 Form 10-Q reveals a net loss attributable to common shareholders of $784,138 for the first six months, alongside a significant accumulated deficit, while also detailing asset sales and a reverse stock split.
Worse than expected
Capital raise
AMEX
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.
Worse than expected
Capital raise
AMEX
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.
Delay expected
Better than expected
Capital raise
AMEX
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.
Capital raise
Better than expected
AMEX
Power REIT announces its Q1 2025 financial results, highlighting a net loss but also the resolution of its Greenhouse Loan through a settlement agreement.
Worse than expected
Capital raise
Annual Reports (10-K)
AMEX
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.
Capital raise
Worse than expected
AMEX
Power REIT announces its 2024 financial results, highlighting a strategic shift towards distressed real estate opportunities amidst ongoing challenges within its greenhouse portfolio.
Capital raise
Worse than expected
AMEX
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.
Worse than expected
Delay expected
Capital raise
Insider Trading (Form 4)
AMEX
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.
AMEX
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.
AMEX
Henry Posner III, a Director and 10% owner of Power REIT, acquired additional shares of the company's 7.75% Series A Preferred Stock.
Better than expected
AMEX
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.
Better than expected
AMEX
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.
Proxy Statements (Def-14A)
AMEX
Power REIT is urgently requesting shareholders to vote on Proposal 3 before the October 27, 2026 annual meeting, as it has not yet received sufficient support for approval.
Worse than expected
Delay expected
Capital raise
AMEX
Power REIT has announced its 2026 Annual Meeting of Shareholders, scheduled for October 27, 2026, and is seeking shareholder approval for an amendment to its Series A Preferred Stock terms.
Capital raise
AMEX
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.
Delay expected
Worse than expected
Capital raise
AMEX
Power REIT's upcoming annual meeting will address the election of trustees, ratification of the accounting firm, and an advisory vote on executive compensation.
Schedule 13D - Activist Investments
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Reporting persons in a Schedule 13D filing for Power REIT detail ongoing litigation and express strong opposition to the potential issuance of additional Series A Preferred Stock.
Capital raise
Worse than expected
AMEX
A group of investors has initiated litigation against Power REIT to compel a special meeting for preferred stock trustee elections, citing governance concerns, while simultaneously increasing their holdings of Series A Preferred Stock.
Worse than expected
Delay expected
AMEX
Holders of Power REIT's Series A Preferred Stock are amending their Schedule 13D filing to highlight ongoing disputes regarding the election of preferred stockholder trustees and dividend arrearages.
Delay expected
AMEX
Reporting persons in Power REIT's Series A Preferred Stock are in an impasse with management over board appointments, threatening legal action if an agreement isn't reached by September 1, 2026.
Delay expected
AMEX
Henry Posner III has filed an amendment to his Schedule 13D, updating his beneficial ownership of Power REIT's common stock to 34,000 shares (9.3%) following a one-for-ten reverse stock split.
AMEX
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.
Delay expected
Schedule 13G - Passive Investments
AMEX
Saquib Fasih Toor has acquired significant voting power in Power REIT's Series A Preferred Stock following a dividend suspension period, triggering a Schedule 13G filing.
AMEX
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.