---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-009080"
form_type: "8-K"
ticker: null
cik: "0001593222"
company_name: "City Office REIT, Inc."
filed_at: "2026-01-09T23:59:59+00:00"
generated_at: "2026-05-16T11:03:43.323268+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# City Office REIT acquired by MCME Carell for $7.00/share; delisted from NYSE

## Summary
- MCME Carell (Elliott/Morning Calm joint venture) completed acquisition of City Office REIT for $7.00 per common share; preferred redeemed at $25.00 plus accrued distributions.
- Over 98% of voting stockholders supported the transaction; CEO James Farrar cited 'immediate and significant value' for shareholders.
- Common stock (NYSE: CIO) and Series A Preferred Stock delisted effective Jan 9, 2026; company to file Form 15 to suspend SEC reporting.
- All outstanding RSUs and PSUs vested and cashed out at $7.00 per underlying share; Company Incentive Plan terminated.
- Advisors: Raymond James and JLL Securities for CIO; Eastdil Secured for MCME Carell.

## SEC filing metadata
- accession: 0001193125-26-009080
- form_type: 8-K
- cik: 0001593222
- company_name: City Office REIT, Inc.
- filed_at: 2026-01-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1593222/000119312526009080/0001193125-26-009080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593222/000119312526009080/d52082d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-009080
- JSON: https://secwatch.observer/filing/0001193125-26-009080.json
- Plain text: https://secwatch.observer/filing/0001193125-26-009080.txt

## Source-grounded claims
- claim_id: 6771abf0b8dc0ad2ff86965324023a7415415ba1
  claim: City Office REIT, Inc.: Company acquired via merger; no substantive governance amendment described (effective 2026-01-09).
  evidence_excerpt: The information set forth in the Introductory Note and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593222/000119312526009080/0001193125-26-009080-index.htm
- claim_id: 0f53dcb6d60d3c8675991e18279368da46f91952
  claim: City Office REIT, Inc. underwent a change of control involving MCME Carell Holdings, LP for $7.00 per share of common stock (closed 2026-01-09).
  evidence_excerpt: (other than certain excluded shares owned, directly or indirectly, by Parent, Merger Sub or the Company), was cancelled and converted automatically into the right to receive $7.00 in cash, without interest and subject to deduction for any required withholding tax (the “Merger Consideration”). In addition, as previously disclosed, on December 4, 2025, the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593222/000119312526009080/0001193125-26-009080-index.htm
- claim_id: 32fb7fb488c0212496d407707d771b81a8174cc5
  claim: City Office REIT, Inc. terminated Credit Agreement dated as of March 15, 2018 with Keybank National Association valued at The Credit Agreement was terminated and all outstanding obligations discharged on the Closing Date. (effective 2026-01-09).
  evidence_excerpt: On the Closing Date, Parent paid (or caused to be paid) to the lenders under that certain Credit Agreement, dated as of March 15, 2018, by and among City Office REIT Operating Partnership, L.P., the Company, Keybank National Association and the other lenders party thereto (as amended, modified or otherwise supplemented, the “Credit Agreement”) the amount specified in such payoff letter with respect thereto (including after giving effect to any per diem amount specified therein, to the extent applicable) to discharge all outstanding obligations of the Company and its subsidiaries under the Credit Agreement (including the release and discharge of any related guarantees, liens and security interests) and to terminate the commitments thereunder.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593222/000119312526009080/0001193125-26-009080-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
