{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-039060","form_type":"8-K","ticker":"PW","cik":"0001532619","company_name":"Power REIT","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.404507+00:00","generated_at":"2026-06-09T00:08:30.890847+00:00","sec_items":["2.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Power REIT sells Maine cannabis facility for $4.25M; provides $850K note","bullets":["Sold interest in Maine cannabis greenhouse to tenant affiliate for $4,250,000.","Provided $850,000 seller note at 8.5% interest, maturing October 30, 2025.","Note secured by second mortgage and corporate/personal guarantees.","Sale part of strategic review to enhance liquidity amid cannabis tenant financial pressure.","Company continues evaluating additional asset sales to create shareholder value."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-039060","json":"https://secwatch.observer/filing/0001493152-23-039060.json","markdown":"https://secwatch.observer/filing/0001493152-23-039060.md","text":"https://secwatch.observer/filing/0001493152-23-039060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1532619/000149315223039060/0001493152-23-039060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1532619/000149315223039060/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T00:08:30.890847+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bde52cdb0a628196861f45aff73d4089e4b89c51","claim":"Power REIT completed a disposition involving affiliate of its tenant for $4,250,000 sale price plus an $850,000 note with 8.5% interest secured by a second mortgage and guarantees (closed 2023-11-01).","evidence_excerpt":"into a Purchase and Sale Agreement related to this property that has been renegotiated based on current circumstances as part of proceeding towards closing. The sale price was $4,250,000. As part of the transaction, PW SD has provided an $850,000 note with an 8.5% interest rate that will accrue until maturity on October 30, 2025. The note is secured by a second","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1532619/000149315223039060/0001493152-23-039060-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"affiliate of its tenant"},{"label":"Consideration","value":"$4,250,000 sale price plus an $850,000 note with 8.5% interest secured by a second mortgage and guarantees"},{"label":"Closing","value":"2023-11-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}