secwatch.observer — SEC 8-K summary
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Issuer:     MODIV INDUSTRIAL, INC. (MDV)
CIK:        0001645873
Form:       8-K
Filed at:   2026-08-12T20:05:56+00:00
Accession:  0001104659-26-094865
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, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Modiv Industrial completes merger with Global Net Lease; shares converted at 1.975 GNL per share
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- Modiv common stock converted at 1.975 GNL shares per share; preferred stock converted to $25 cash plus accrued dividends.
- Modiv common and preferred stock suspended from NYSE on Aug 12, 2026; Form 25 and Form 15 filings planned for deregistration.
- Modiv ceased separate existence; REIT Merger Sub (GNL subsidiary) is surviving entity; change of control to GNL.
- All Modiv directors resigned; officers Halfacre, Raney, Pacini left; REIT Merger Sub officers assumed roles.
- Modiv OP credit facility with KeyBank repaid in full and terminated as of closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1645873/000110465926094865/0001104659-26-094865-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1645873/000110465926094865/tm2622928d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-094865

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