Silver Star Properties triggers poison pill; will triple shares for most holders to dilute activist group

SILVER STAR PROPERTIES REIT, INC

Board triggered Flip-In Event under Rights Agreement; exchanges each Right for 2 shares, issuing up to 121,450,278 shares.
Shareholders other than "Acquiring Persons" receive two additional shares per share owned, tripling their stake at no cost.
Action targets dissident group; Board determined certain shareholders became Acquiring Persons, triggering the exchange.
Issuance suspended for certain shareholders; tax consequences may apply as a taxable event.
Exchange date set to June 16, 2025; shareholders to receive letter from Rights Agent with details.

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