Ares Industrial REIT amends bylaws to narrow exclusive forum provision for securities claims

ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.

Adopted Sixth Amended and Restated Bylaws effective Dec 8, 2023, amending exclusive forum provision.
Clarifies exclusive forum does not apply to Securities Act, Exchange Act, or sale-of-securities claims in U.S. states/territories where shares are sold.
Company consents to jurisdiction in any competent court within those jurisdictions for such claims.
No financial or operational impact disclosed.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.: Amended exclusive forum provision to clarify it does not apply to Securities Act, Exchange Act claims, or actions arising from securities sales in Relevant Jurisdictions; consented to jurisdiction in such jurisdictions (effective 2023-12-08).

Change: bylaw amendment
Effective: 2023-12-08

Exact text from the filing

On December 8, 2023, we adopted the Sixth Amended and Restated Bylaws, effective immediately, to amend our exclusive forum provision to clarify that such provision does not apply to claims arising under the Securities Act of 1933, the Securities Exchange Act of 1934 or to actions arising out of, or in connection with, the sale of securities in, or the violation of the laws of, the U.S. states, territories and districts in which our shares are sold (such states, territories and districts the “Relevant Jurisdictions”).

View on SEC.gov

Browse all governance changes →

Source: SEC EDGAR

accession 0001625941-23-000150

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.