{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-039500","form_type":"8-K","ticker":"NLOP","cik":"0001952976","company_name":"Net Lease Office Properties","filed_at":"2023-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.450992+00:00","generated_at":"2026-06-08T00:30:51.082410+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"NLOP discloses pro forma losses post-spin from WPC; EPS ($3.39) for FY22","bullets":["Pro forma net loss of $27.8M for nine months ended Sep 30, 2023; basic EPS ($1.90).","Pro forma net loss of $49.5M for year ended Dec 31, 2022; basic EPS ($3.39).","Spin-off completed Nov 1, 2023; NLOP issued 14.6M shares and incurred $455M in new debt.","Separation included transfer of ~$350M to WPC and reimbursement of $15.2M in spin-off costs.","NLOP will operate as a separate publicly-traded REIT externally managed by WPC."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-039500","json":"https://secwatch.observer/filing/0001628280-23-039500.json","markdown":"https://secwatch.observer/filing/0001628280-23-039500.md","text":"https://secwatch.observer/filing/0001628280-23-039500.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1952976/000162828023039500/0001628280-23-039500-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1952976/000162828023039500/nlop-20231117.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T00:30:51.082410+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}