---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-095323"
form_type: "8-K"
ticker: "GNL"
cik: "0001526113"
company_name: "Global Net Lease, Inc."
filed_at: "2026-08-13T10:15:38+00:00"
generated_at: "2026-08-13T10:20:07.919178+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# GNL completes Modiv acquisition; adds $535M industrial portfolio, 4% AFFO accretive

## Summary
- Closed Aug 12, 2026; Modiv stockholders approved Aug 10; each Modiv share exchanged for 1.975 GNL shares.
- GNL to issue ~20.39M shares and pay ~$42.3M cash for Modiv preferred; funded via revolving credit facility.
- Portfolio valued at $535M at 7.6% cash / 8.7% GAAP cap rates; industrial exposure rises to ~50% of straight-line rent.
- Expected immediately 4% accretive to AFFO per share, leverage neutral; WALT extends from 5.7 to 6.6 years.
- Modiv common and preferred delisted from NYSE; former Modiv holders now own GNL common (NYSE: GNL).

## SEC filing metadata
- accession: 0001104659-26-095323
- form_type: 8-K
- ticker: GNL
- cik: 0001526113
- company_name: Global Net Lease, Inc.
- filed_at: 2026-08-13T10:15:38+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1526113/000110465926095323/0001104659-26-095323-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1526113/000110465926095323/tm2622741d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-095323
- JSON: https://secwatch.observer/filing/0001104659-26-095323.json
- Plain text: https://secwatch.observer/filing/0001104659-26-095323.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.