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Indus Realty Trust, Inc. – ‘8-K’ for 12/5/22

On:  Monday, 12/5/22, at 5:03pm ET   ·   For:  12/5/22   ·   Accession #:  1037390-22-79   ·   File #:  1-12879

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  As Of               Filer                 Filing    For·On·As Docs:Size

12/05/22  Indus Realty Trust, Inc.          8-K:7,9    12/05/22   12:245K

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     47K 
 2: EX-99.1     Miscellaneous Exhibit                               HTML     13K 
 6: R1          Document and Entity Information                     HTML     45K 
 7: R2          N-2                                                 HTML     27K 
10: XML         IDEA XML File -- Filing Summary                      XML     13K 
 8: XML         XBRL Instance -- indt-20221205x8k_htm                XML     15K 
 9: EXCEL       IDEA Workbook of Financial Reports                  XLSX      9K 
 4: EX-101.LAB  XBRL Labels -- indt-20221205_lab                     XML      8K 
 5: EX-101.PRE  XBRL Presentations -- indt-20221205_pre              XML     31K 
 3: EX-101.SCH  XBRL Schema -- indt-20221205                         XSD     14K 
11: JSON        XBRL Instance as JSON Data -- MetaLinks               69±    78K 
12: ZIP         XBRL Zipped Folder -- 0001037390-22-000079-xbrl      Zip     16K 


‘8-K’   —   Current Report


This is an HTML Document rendered as filed.  [ Alternative Formats ]



 iX:   C:   C:   C:   C:   C: 
 i 0001037390 i false00010373902022-11-282022-11-28

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM  i 8-K

Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 i December 5, 2022

Date of Report (Date of earliest event reported)

 i INDUS REALTY TRUST, INC.

(Exact name of registrant as specified in charter)

 i Maryland

 i 06-0868496

(State or other jurisdiction of incorporation)

(IRS Employer Identification No.)

(Commission File Number)

 i 1-12879

 i 641 Lexington Avenue,  i New York,  i New York

 i 10022

(Address of principal executive offices)

(Zip Code)

Registrant’s Telephone Number, including Area Code

( i 212)  i 218-7910

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 i 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 i 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 i 

Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2(b))

 i 

Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered or to be registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

 i Common Stock, $0.01 par value per share

 i INDT

 i The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  i 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 7.01

Regulation FD Disclosure.

On December 5, 2022, INDUS Realty Trust, Inc. (“INDUS” or the “Company”) issued a press release announcing that the Company has completed the sale of its office/flex portfolio, including a small storage building used in the operations of the portfolio (the “Office/Flex Portfolio”), for a sale price of $11.0 million.

The Office/Flex Portfolio was comprised of eight buildings totaling 194,000 square feet located in Bloomfield, Connecticut, and has been recorded in the Company’s discontinued operations since the beginning of the year. With the disposition of the Office/Flex Portfolio, INDUS is now a pure-play industrial/logistics real estate business with a modern portfolio located in select high-growth markets.

A copy of the Company’s December 5, 2022 press release announcing the Company’s completion of the sale is attached hereto as Exhibit 99.1. The information contained herein and the press release attached as Exhibit 99.1, is being “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of Section 18 of the Exchange Act. The information in this Item 7.01 shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended (the “Securities Act”), or into any filing or other document pursuant to the Exchange Act, except as otherwise expressly stated in any such filing.

Item 9.01

Financial Statements and Exhibits.

 

(d) Exhibits

99.1

The Company’s Press Release dated December 5, 2022 (attached hereto)

104

Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

INDUS REALTY TRUST, INC.

 

 

 

 

By:

/s/ Jon W. Clark

 

 

Jon W. Clark

 Date: December 5, 2022

 

Executive Vice President and Chief Financial Officer


Dates Referenced Herein   and   Documents Incorporated by Reference

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