secwatch.observer — SEC 8-K summary
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Issuer:     SPIRIT REALTY CAPITAL, INC. (—)
CIK:        0001308606
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001193125-24-013577
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spirit Realty Capital completes merger with Realty Income; common converted at 0.762 ratio
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- Merger effective Jan 23, 2024; each Spirit common share converted into 0.762 Realty Income shares; ~108M Realty Income common shares issued.
- Spirit Series A preferred converted 1:1 into Realty Income Series A preferred; 6.9M preferred shares issued.
- Spirit common and preferred stock delisted from NYSE; Spirit to deregister with SEC.
- Spirit OP exchanged ~$2.7B of notes for Realty Income notes; $52.94M Spirit notes remain outstanding.
- All Spirit directors and officers replaced by Merger Sub directors/officers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1308606/000119312524013577/0001193125-24-013577-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1308606/000119312524013577/d722798d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-013577

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