Healthpeak Announces Closing of Holding Company Reorganization
The Reorganization provides additional flexibility for the Company to efficiently acquire properties in a tax-deferred manner and aligns the Company's corporate structure with other publicly traded
As part of the Reorganization, a new holding company ("New Healthpeak") became the publicly traded parent company by way of an intercompany merger (the "Merger"), assuming the existing name of "
The Reorganization is not anticipated to have any material impact on the Company's financial position and is not expected to result in any material changes to the Company's consolidated financial statements, outstanding debt securities, material debt facilities, or business operations. All shares of common stock of Old Healthpeak automatically converted into identical shares of the Company as part of the Reorganization, and the Reorganization will not impact the payment of the dividends declared by the Company's board of directors and payable to stockholders of record in accordance with previously announced dividend payment dates in respect of the Company's common stock.
The Reorganization was effective as of
For more information on the Reorganization, please see the Form 8-K12B that is expected to be filed by the Company with the
ABOUT
FORWARD LOOKING STATEMENTS
Statements contained in this press release that are not historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, among other things, statements regarding our and our officers' intent, belief or expectation as identified by the use of words such as "may," "will," "project," "expect," "believe," "intend," "anticipate," "seek," "target," "forecast," "plan," "potential," "estimate," "could," "would," "should" and other comparable and derivative terms or the negatives thereof. Forward-looking statements, including, but not limited to, statements regarding the impacts of the reorganization on Healthpeak's financial condition, business operations and financial statements and Healthpeak's ability to realize the expected benefits of reorganization, are not guarantees of future performance and involve risks and uncertainties that may cause Healthpeak's actual results to differ materially from Healthpeak's expectations discussed in the forward-looking statements. This may be a result of various factors, including, but not limited to, those factors discussed in Healthpeak's reports filed from time to time with the
CONTACT
Senior Vice President – Investor Relations
720-428-5050
View original content to download multimedia:https://www.prnewswire.com/news-releases/healthpeak-announces-closing-of-holding-company-reorganization-301744428.html
SOURCE