other material
confidence high
sentiment positive
materiality 0.75
RMRM shareholders approve share issuance for Tremont Mortgage merger
Seven Hills Realty Trust
- Share issuance proposal approved: 5,140,500 for, 431,589 against, 202,730 abstain.
- Approval advances the merger of TRMT into RMRM as contemplated by the April 26, 2021 Merger Agreement.
- Adjournment proposal not called due to sufficient votes for the share issuance proposal.
- Special meeting held on September 17, 2021; quorum was present.