---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-034092"
form_type: "8-K"
ticker: "NLOP"
cik: "0001952976"
company_name: "Net Lease Office Properties"
filed_at: "2023-10-10T23:59:59+00:00"
generated_at: "2026-06-10T02:54:30.092351+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NLOP spin-off from W.P. Carey cleared by SEC; distribution expected Nov 1, 2023

## Summary
- SEC declared effective NLOP's registration statement on Oct 6, 2023, allowing distribution.
- Distribution of NLOP shares to WPC stockholders on Nov 1, 2023; record date Oct 19, 2023.
- WPC stockholders get one NLOP share for every 15 WPC shares held.
- NLOP common stock expected to trade 'regular way' on NYSE under ticker NLOP starting Nov 2, 2023.
- Information Statement dated Oct 6, 2023 attached as Exhibit 99.1 details the spin-off.

## SEC filing metadata
- accession: 0001628280-23-034092
- form_type: 8-K
- ticker: NLOP
- cik: 0001952976
- company_name: Net Lease Office Properties
- filed_at: 2023-10-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1952976/000162828023034092/0001628280-23-034092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1952976/000162828023034092/nlo-form8xk.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-034092
- JSON: https://secwatch.observer/filing/0001628280-23-034092.json
- Plain text: https://secwatch.observer/filing/0001628280-23-034092.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.