secwatch.observer — SEC 8-K summary
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Issuer:     PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (—)
CIK:        0000077281
Form:       8-K
Filed at:   2022-12-16T23:59:59+00:00
Accession:  0001193125-22-307310
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PREIT receives NYSE delisting notice; plans to move trading to OTC Markets
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- NYSE commenced delisting proceedings because PREIT's 30-day average market cap fell below $15M.
- Trust does not appeal; trading suspended immediately by NYSE.
- Shares to move to OTCQX (applied) or OTC Pink under symbols PRET, PRETL, PRETM, PRETN.
- PREIT states business operations unchanged; will continue SEC filings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77281/000119312522307310/0001193125-22-307310-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77281/000119312522307310/d428769d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-307310

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