other material
confidence high
sentiment positive
materiality 0.70
Peakstone Realty Trust (f/k/a Griffin) effects name change and 1-for-9 reverse stock split ahead of planned NYSE listing
Peakstone Realty Trust
- Effective March 10, 2023, name changed from Griffin Realty Trust to Peakstone Realty Trust.
- One-for-nine reverse share split implemented; outstanding shares reduced to ~35.9M across multiple classes.
- Reverse split does not affect ownership percentages; fractional shares remain outstanding.
- Company plans NYSE listing in coming weeks; transition to Computershare as transfer agent completed.