Copper Property Trust extends portfolio sale closing to Oct 8; purchase price adjusted to $935M after ROFR sales

Copper Property CTL Pass Through Trust

Second Amendment with Onyx Partners affiliate extends portfolio closing to October 8, 2025, with possible further extensions.
Two properties sold via ROFR on Sept 4 for $12.4M; total purchase price reduced to $935M all-cash, subject to closing adjustments.
Buyer's deposit is non-refundable; net proceeds to be distributed to certificateholders after closing.
Trust believes all closing conditions will be satisfied, but no certainty due to various conditions including ground lessor rights and title defects.

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