other
confidence low
sentiment neutral
materiality 0.10
Welltower registers 300,026 shares for possible issuance upon unit redemptions
WELLTOWER INC.
- Registered up to 300,026 shares of common stock for issuance to holders of Class A OP units upon redemption.
- Shares may be issued if Welltower OP LLC's unit holders tender units and Welltower elects to satisfy redemption with stock instead of cash.
- Registration does not require that any unit holder exercise redemption rights.
- Filed legal opinions from Gibson Dunn & Crutcher on validity and tax matters.