secwatch.observer — SEC 8-K summary
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Issuer:     OFFICE PROPERTIES INCOME TRUST (—)
CIK:        0001456772
Form:       8-K
Filed at:   2025-10-01T23:59:59+00:00
Accession:  0001104659-25-095186
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

OPI receives Nasdaq delisting notice, misses interest payments on two senior secured notes
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- Common shares to be delisted from Nasdaq on Oct 6, 2025 after bid price stayed below $1.00; no appeal planned.
- Missed $27.4M interest payment on 9.000% Senior Secured Notes due Sept 2029 and $3.4M on 3.250% Notes due Mar 2027.
- 30-day grace period before non-payment constitutes an event of default under note indentures and credit agreement.
- Delivered notice to Wells Fargo under Credit Agreement citing expected defaults from delisting and missed payments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1456772/000110465925095186/0001104659-25-095186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1456772/000110465925095186/tm2527641d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-095186

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