Flat Footed LLC Comments on Diversified Healthcare Trust’s Adjournment of Special Meeting of Shareholders

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WILSON, Wyo.--(BUSINESS WIRE)-- Flat Footed LLC (together with its affiliates, “FFL” or “we”), a top shareholder of Diversified Healthcare Trust (Nasdaq: DHC) (“DHC” or the “Company”) and the owner of approximately 9.8% of the Company’s outstanding common shares, today commented on DHC’s adjournment of its Special Meeting of Shareholders (the “Special Meeting”) to September 6, at 10:00 a.m. Eastern Time, where shareholders are scheduled to vote on the proposed merger with Office Properties Income Trust (Nasdaq: OPI) (“OPI”).

Marc Andersen, Managing Member of FFL, commented:

“We continue to believe that it is in the best interest of DHC shareholders to vote AGAINST the proposed merger with OPI at the adjourned Special Meeting.”

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Visit www.SaveDHC.com to Obtain Information on How to Vote on the GOLD Proxy Card AGAINST the DHC-OPI Merger.

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About Flat Footed

Flat Footed LLC is a special situation, value-oriented investment management firm focused on leveraged, asset-heavy companies with complex capital structures. The Flat Footed LLC team has cumulatively managed $2.8 billion since founding their first fund together in 1999. For more information, visit www.flatfootedllc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230830126284/en/

Flat Footed LLC
ir@flatfootedllc.com

Okapi Partners LLC
Mark Harnett, 212-297-0720
mharnett@okapipartners.com

or

Longacre Square Partners
Greg Marose / Charlotte Kiaie, 646-386-0091
FFL@longacresquare.com

Source: Flat Footed LLC