secwatch.observer — SEC 8-K summary
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Issuer:     CENTERSPACE (CSR)
CIK:        0000798359
Form:       8-K
Filed at:   2026-11-10T21:23:00+00:00
Accession:  0001140361-26-043039
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 5.07, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

IRT and Centerspace shareholders approve merger; CSR holders to receive 3.800 IRT shares each
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- Centerspace shareholders approved the merger with 13,524,885 votes for, 38,541 against and 12,847 abstaining; 99.6% of votes cast backed the deal.
- IRT stockholders approved the share issuance for the merger with approximately 88.1% of votes cast in favor at the Nov. 10, 2026 special meeting.
- Upon closing, each Centerspace common share converts into 3.800 IRT common shares, with cash in lieu of fractional shares; CSR OP units get 3.800 IRT OP units.
- The merger, struck Sept. 8, 2026, remains subject to closing conditions; IRT may defer closing until lender consents are obtained or the tenth business day before June 30, 2027.
- Centerspace shareholders also approved merger-related named executive officer compensation, 12,933,197 for versus 612,265 against.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798359/000114036126043039/0001140361-26-043039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798359/000114036126043039/ef20085203_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-043039

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