other material
confidence high
sentiment negative
materiality 1.00
OPI files Chapter 11 plan cancelling all common shares with no recovery for holders
OFFICE PROPERTIES INCOME TRUST
- Plan and Disclosure Statement filed Jan 9, 2026 in Bankruptcy Court.
- Plan provides for cancellation of common shares; holders will receive no property or interest.
- Company urges extreme caution regarding investments in common shares, which will have no value.
- Reorganization expected to be implemented if plan confirmed.