{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-076131","form_type":"8-K","ticker":null,"cik":"0001037390","company_name":"INDUS REALTY TRUST, INC.","filed_at":"2023-06-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.708646+00:00","generated_at":"2026-06-13T14:35:58.978690+00:00","sec_items":["1.02","2.01","3.01","3.03","5.01","5.02","5.03","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"INDUS Realty Trust acquired by Centerbridge/GIC for $67/share in ~$868M all-cash deal, delisted from Nasdaq","bullets":["All outstanding shares of INDUS common stock purchased at $67.00 per share in cash; total enterprise value ~$868M.","Stock delisted from Nasdaq; Form 25 filed to deregister under Section 12(b) of Exchange Act.","Board restructured: Michael Gamzon remains; William Rahm, David Sukenik, Sam Fancher appointed.","Abu Dhabi Investment Authority (ADIA) joins as strategic investor alongside Centerbridge and GIC.","Existing credit agreement fully repaid and terminated without penalties."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-076131","json":"https://secwatch.observer/filing/0001104659-23-076131.json","markdown":"https://secwatch.observer/filing/0001104659-23-076131.md","text":"https://secwatch.observer/filing/0001104659-23-076131.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1037390/000110465923076131/0001104659-23-076131-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1037390/000110465923076131/tm2319986d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T14:35:58.978690+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8fc03e7c80","claim":"David Sukenik was appointed as director at INDUS REALTY TRUST, INC..","evidence_excerpt":"William Rahm, David Sukenik and Sam Fancher became directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1037390/000110465923076131/0001104659-23-076131-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"became"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"9f1576ccde","claim":"Sam Fancher was appointed as director at INDUS REALTY TRUST, INC..","evidence_excerpt":"William Rahm, David Sukenik and Sam Fancher became directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1037390/000110465923076131/0001104659-23-076131-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"became"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"edec249d78","claim":"William Rahm was appointed as director at INDUS REALTY TRUST, INC..","evidence_excerpt":"William Rahm, David Sukenik and Sam Fancher became directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1037390/000110465923076131/0001104659-23-076131-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"became"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"cace8db123f6b53898440802f94349ad98dfb582","claim":"INDUS REALTY TRUST, INC. underwent a change of control involving affiliates of Centerbridge Partners, L.P. and GIC Real Estate, Inc. for approximately $868 million (closed 2023-06-29).","evidence_excerpt":"INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) , a U.S. based industrial/logistics REIT, announced today the completion of the previously announced merger whereby affiliates of Centerbridge Partners, L.P. (“Centerbridge”), a global private investment firm with deep experience in real estate, and GIC, a global institutional investor, have acquired all of the outstanding shares of INDUS’ common stock in an all-cash transaction valued at approximately $868 million.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1037390/000110465923076131/0001104659-23-076131-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"affiliates of Centerbridge Partners, L.P. and GIC Real Estate, Inc."},{"label":"Consideration","value":"approximately $868 million"},{"label":"Closing","value":"2023-06-29"}],"fact_type":"ma_transaction"},{"claim_id":"fa1105b5e052153e3b6f6394bd21de282f22961d","claim":"INDUS REALTY TRUST, INC. terminated Existing Credit Agreement with a syndicate of banks (effective 2023-06-29).","evidence_excerpt":"on June 29, 2023, the Company repaid in full all outstanding indebtedness and terminated all obligations and commitments under its Amended and Restated Credit Agreement, dated as of April 21, 2022, by and among INDUS RT, LP, as the borrower, and a syndicate of banks (the “ Lenders ”) for which JPMorgan Chase Bank, N.A. acted as Administrative Agent, Joint Lead Arranger and Joint Bookrunner, and Citibank, N.A. acted as Joint Lead Arranger, Joint Bookrunner and Syndication Agent (the “ Existing Credit Agreement ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1037390/000110465923076131/0001104659-23-076131-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"a syndicate of banks"},{"label":"Effective","value":"2023-06-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}