secwatch / observer
8-K filed November 16, 2023, 6:59 PM ET CIK 0001893262
other material confidence high sentiment neutral materiality 0.50

J.P. Morgan REIT designates Class X and Y shares; authorized common increased to 5.4B

J.P. Morgan Real Estate Income Trust, Inc.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

J.P. Morgan Real Estate Income Trust, Inc.: The Company filed Articles of Amendment to increase authorized capital stock to 5,500,000,000 shares and common stock to 5,400,000,000 shares; filed Articles Supplementary to designate 500,000,000 Class X Shares and 600,000,000 Class Y Shares; and filed Second Articles of Amendment to amend definiti (effective 2023-11-13).

Change
charter amendment
Effective
2023-11-13
Exact text from the filing
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On November 13, 2023, the Company filed Articles of Amendment (the “Articles of Amendment”) to its Articles of Amendment and Restatement, dated June 2, 2022 (the “Charter”) with the Maryland State Department of Assessments and Taxation (“SDAT”) to increase the number of shares of capital stock that the Company has authority to issue to 5,500,000,000 and the number of shares of common stock, par value $0.01 per share, that the Company has authority to issue to 5,400,000,000. Immediately following the filing of the Articles of Amendment, the Company filed with the SDAT Articles Supplementary (the “Articles Supplementary”) to the Charter, pursuant to which the Company classified and designated 500,000,000 authorized but unissued Class X Shares and 600,000,000 authorized but unissued Class Y Shares. Immediately following the filing of the Articles Supplementary, the Company filed with the SDAT Second Artic
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Source: SEC EDGAR
accession 0000950170-23-064432
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