secwatch.observer — SEC 8-K summary
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Issuer:     Pacific Oak Strategic Opportunity REIT, Inc. (—)
CIK:        0001452936
Form:       8-K
Filed at:   2026-01-23T23:59:59+00:00
Accession:  0001452936-26-000007
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Pacific Oak REIT to pursue liquidation; gets $905k funding, ousts CEO and Chairman
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- Special committee unanimously agreed Jan 12 to pursue plan of liquidation; expects board and stockholder approval soon.
- BVI subsidiary to provide up to $905k in funding over three months for working capital and liquidation process.
- Advisory agreement with POCA terminated effective Jan 31, 2026; transition period of at least six weeks.
- Brian Ragsdale appointed President, CEO, and CFO; Peter McMillan and Keith D. Hall removed and asked to resign from board.
- Westdale Asset Management engaged by BVI to manage assets; monthly fee of greater of 2% gross income or $10,000 per property.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1452936/000145293626000007/0001452936-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1452936/000145293626000007/pacoaksor-20260122.htm
  HTML page:      https://secwatch.observer/filing/0001452936-26-000007

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