Power REIT

Power REIT has proposed an amendment at its 2026 Annual Meeting to authorize the Board to modify the conversion terms of its Series A Preferred Stock. This move aims to resolve the $11.0 million liquidation preference and dividend arrears accumulated since Q4 2022, thereby strengthening the balance sheet and mitigating the risk of delisting from the NYSE American. Failure to pass this amendment will likely lead to the company's delisting and deregistration as a public reporting entity.…more

Power REIT

Power REIT will hold its 2026 Annual Meeting on October 27, 2026, to vote on the election of trustees, ratification of auditors, and an amendment to the Series A Preferred Stock articles (Proposal 3). Proposal 3, which grants Series A holders exclusive approval rights over amendments affecting their contract rights, requires a majority vote of all outstanding common shares to pass, meaning abstentions and non-votes will count as votes against. The Board believes this amendment will provide flexibility to clean up the capital structure and help preserve the company's NYSE American listing.…more