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

Issuer:     RPT Realty (—)
CIK:        0000842183
Form:       8-K
Filed at:   2023-08-28T23:59:59+00:00
Accession:  0001140361-23-041388
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RPT Realty to be acquired by Kimco Realty; shareholders get 0.6049 Kimco shares each
--------------------------------------------------------------------------------

- Each RPT common share exchanged for 0.6049 shares of Kimco common stock; preferred shares convert to new Kimco preferred series.
- Transaction unanimously approved by both boards; RPT board recommends shareholder vote in favor.
- Closing conditions include RPT shareholder approval, SEC Form S-4 effectiveness, NYSE listing, and no legal prohibitions.
- Termination fee of $33,642,370 payable by RPT under certain circumstances if deal does not close.
- RPT amended bylaws to designate Maryland circuit court as exclusive forum for state law claims.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/842183/000114036123041388/0001140361-23-041388-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/842183/000114036123041388/brhc20058068_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-041388

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