secwatch.observer — SEC 8-K summary
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Issuer:     Power REIT (PW)
CIK:        0001532619
Form:       8-K
Filed at:   2021-08-09T23:59:59+00:00
Accession:  0001493152-21-018986
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Power REIT Q2 net income up 236%; Core FFO per share up 76%; forward guidance $3.24
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- Revenue $2.27M (+133% YoY); net income $1.38M (+236% YoY); diluted EPS $0.41 (+95% YoY).
- Core FFO per share $0.51 (+76% YoY); six-month Core FFO per share $0.97 (+102% YoY).
- Acquired 8 CEA properties in H1 2021 for ~$26M; expects >17% unleveraged yield on invested capital.
- Rights Offering raised ~$37M at $26.50/share; remaining ~$17M to deploy; forward Core FFO run rate $3.24.
- Michigan greenhouse potential acquisition (565k sq ft) could add $0.18 to forward Core FFO per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1532619/000149315221018986/0001493152-21-018986-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1532619/000149315221018986/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-018986

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