secwatch.observer — SEC 8-K summary
======================================

Issuer:     Pacific Oak Strategic Opportunity REIT, Inc. (—)
CIK:        0001452936
Form:       8-K
Filed at:   2024-04-08T23:59:59+00:00
Accession:  0001452936-24-000048
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pacific Oak terminates $500M private offering; amends advisory and property management agreements
--------------------------------------------------------------------------------

- PORT subsidiary terminated private offering of up to $500M common stock and $50M DRP; no shares sold.
- Amended advisory agreement removes provision that would reduce asset management fee if liquidity event not achieved within 2 years.
- Quarterly NAV calculation and performance fee on private offering capital eliminated as immaterial changes.
- Dealer manager agreement with affiliate Pacific Oak Capital Markets terminated effective April 2, 2024.
- Bondholder presentation for BVI subsidiary (Series B/C bonds) furnished, showing AA- rating and Q4 2023 data.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1452936/000145293624000048/0001452936-24-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1452936/000145293624000048/pacoaksor-20240408.htm
  HTML page:      https://secwatch.observer/filing/0001452936-24-000048

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