secwatch.observer — SEC 8-K summary
======================================

Issuer:     KIMCO REALTY CORP (KIM)
CIK:        0000879101
Form:       8-K12B
Filed at:   2023-01-03T23:59:59+00:00
Accession:  0001140361-23-000046
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kimco Realty completes UPREIT reorganization; all shares convert 1-for-1
------------------------------------------------------------------------

- Old Kimco merged into New Kimco on Jan 1, 2023; outstanding shares converted automatically 1-for-1 with same rights.
- Old Kimco converted to Delaware LLC (Kimco OP) on Jan 3, 2023; New Kimco is managing member and holds 100% interests.
- Ticker symbols (KIM, KIMprL, KIMprM) and CUSIPs unchanged; dividends declared Oct 27, 2022 payable Jan 17, 2023 by New Kimco.
- Credit agreement amended and parent guarantee entered; Kimco OP remains obligor and New Kimco guarantees obligations.
- No shareholder vote required; reorganization intended to be tax-free under Section 368(a) and REIT qualification maintained.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/879101/000114036123000046/0001140361-23-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879101/000114036123000046/ny20006479x6_8k12b.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-000046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer