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PW > SEC Filings for PW > Form 8-K on 18-Mar-2014All Recent SEC Filings

Show all filings for POWER REIT

Form 8-K for POWER REIT


Other Events

Item 8.01 Other Events.

On March 17, 2014, Power REIT received notification from NYSE MKT LLC that the exchange has approved for listing and trading Power REIT's 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock, Liquidation Preference $25 per share (the "PW PRA"). The PW PRA will commence trading on the NYSE MKT today, March 18, 2014, under the ticker symbol PW PRA. Power REIT is issuing a press release today announcing the foregoing. A copy of that press release is attached as an exhibit hereto.

As set forth in the attached press release, Power REIT is also announcing that it has completed its first closing of sales of PW PRA to investors, for approximately $2.5 million in proceeds. Power REIT has been offering up to 175,000 shares of PW PRA on a continuous basis pursuant to a public offering prospectus supplement dated January 23, 2014 and an accompanying prospectus.

The above disclosure shall not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein, nor shall there be any offer, solicitation, or sale of the securities in any U.S. state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

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