other material
confidence high
sentiment neutral
materiality 0.50
Welltower completes UPREIT reorganization, New Welltower becomes successor issuer
WELLTOWER INC.
- Merger effective April 1, 2022; Old Welltower becomes wholly owned subsidiary, renamed Welltower OP Inc.
- New Welltower common stock continues trading on NYSE under symbol 'WELL' with same CUSIP.
- Management and board remain identical; no change in leadership.
- New Welltower adopts 2022 LTIP (10M shares) and 2022 ESPP (873,567 shares).
- Supplemental indenture executed; New Welltower guarantees existing senior notes.