secwatch.observer — SEC 8-K summary
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Issuer:     INDUS REALTY TRUST, INC. (—)
CIK:        0001037390
Form:       8-K
Filed at:   2023-06-29T23:59:59+00:00
Accession:  0001104659-23-076131
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

INDUS Realty Trust acquired by Centerbridge/GIC for $67/share in ~$868M all-cash deal, delisted from Nasdaq
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037390/000110465923076131/0001104659-23-076131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037390/000110465923076131/tm2319986d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-076131

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