{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-164949","form_type":"8-K","ticker":"EXR","cik":"0001289490","company_name":"Extra Space Storage Inc.","filed_at":"2023-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.287238+00:00","generated_at":"2026-06-14T02:46:23.965865+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Extra Space files pro forma financials for $14.7B Life Storage merger; expected H2 2023 close","bullets":["Merger consideration $14.7B: $11.4B in Extra Space equity plus $3.1B debt assumption and $161M transaction costs.","Exchange ratio fixed at 0.895 Extra Space shares per Life Storage share; combined ownership 65% EXR, 35% LSI.","Pro forma combined net income $201.8M (Q1 2023) and $917.1M (FY 2022); no synergy savings included.","Deal accounted as asset acquisition under ASC 805-50; purchase price allocation preliminary.","Annual general & administrative cost savings expected but not reflected in pro forma statements."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-164949","json":"https://secwatch.observer/filing/0001193125-23-164949.json","markdown":"https://secwatch.observer/filing/0001193125-23-164949.md","text":"https://secwatch.observer/filing/0001193125-23-164949.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1289490/000119312523164949/0001193125-23-164949-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1289490/000119312523164949/d498994d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T02:46:23.965865+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}