Every 8-K that Plymouth Industrial REIT, Inc. (PLYM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PLYM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PLYM filings page.
Plymouth Industrial REIT, Inc. has completed its previously announced sale and gone private through a merger with affiliates of PIR Ventures LP. On January 27, 2026, the company merged into PIR Industrial REIT LLC, and its operating partnership merged into PIR Industrial OP LLC, both now wholly owned subsidiaries of Parent.
Each share of Plymouth Industrial common stock was cancelled and converted into the right to receive $22.00 in cash per share, without interest and subject to withholding taxes. Restricted stock vested in full and received the same cash amount per share, and performance stock units were cashed out based on target or actual performance, then multiplied by the $22.00 merger price. Partnership units not held by the company or its affiliates generally received $22.00 in cash, while certain preferred units were redeemed for cash under their terms.
In connection with closing, all outstanding amounts under the company’s Third Amended and Restated Credit Agreement were repaid and the facility was terminated. The company has notified the NYSE to delist its common stock, expects trading suspension prior to the January 28, 2026 open, and plans to deregister the shares and end SEC reporting. A change of control occurred, all directors resigned, senior officers stepped down, and the surviving entities adopted the governing documents of the merger subsidiaries.
Plymouth Industrial REIT reported that its stockholders approved the previously announced merger with PIR Ventures affiliates at a special virtual meeting. The merger proposal received 30,172,147 votes in favor, 30,626 against and 80,967 abstentions, meeting the required majority of shares outstanding. Stockholders also approved an adjournment proposal but it was not needed, while a non-binding advisory proposal on merger-related executive compensation narrowly failed, with 15,099,903 votes for and 15,117,960 against. The company noted that an emergency motion filed by Redimere Advisors LLC in Suffolk County Superior Court was denied on January 20, 2026, and it anticipates closing the mergers on or about January 27, 2026.
Plymouth Industrial REIT, Inc. reports a new lawsuit connected to its previously announced merger. The company has a Merger Agreement under which it would be merged into a subsidiary of PIR Ventures LP, with a related partnership merger, and a virtual special stockholder meeting is scheduled for January 22, 2026 to vote on the REIT Merger and related transactions.
On January 9, 2026, Redimere Advisors LLC filed a complaint in Massachusetts state court regarding an engagement letter dated November 28, 2022 and, through an emergency motion, asked the court to temporarily prevent $60 million otherwise due under the Merger Agreement from being paid to the company or its stockholders and instead be directed to an independent trustee during the litigation. A hearing on this motion is set for January 20, 2026, and Redimere has represented to the court that it is not seeking to enjoin consummation of the merger transactions. The company states that it believes the claims are without merit and intends to vigorously defend against them.
Plymouth Industrial REIT is providing additional disclosure about its planned acquisition by an affiliate of PIR Ventures and Ares ahead of a January 22, 2026 stockholder vote. The company received ten demand letters and two lawsuits challenging the adequacy of its proxy materials, which it believes are without merit, but is supplementing the proxy to avoid litigation expense and potential delay.
The new details describe confidentiality agreements and standstill provisions with potential bidders, outreach to other parties during the go‑shop process, and expanded financial analyses by KBCM and J.P. Morgan. These include projected unlevered free cash flow figures, assumptions for valuing the Isosceles joint venture, comparable company multiples, implied capitalization rates, and discounted cash flow work that produce implied per‑share value ranges compared with the agreed $22.00 cash merger price.
Plymouth Industrial REIT, Inc. reported changes to executive compensation arrangements in connection with its previously announced merger transactions. The company amended employment agreements for its CEO Jeffrey Witherell, President and CFO Anthony Saladino, and EVP James Connolly so that change in control severance agreements, rather than employment agreements, will exclusively govern severance if their employment ends within six months before or 24 months after a change in control.
The board also amended the change in control severance agreements to apply an increased severance multiplier of three times for each executive at the merger closing and added two-year noncompetition covenants following closing. To address potential “excess parachute payments” under tax rules, the board approved accelerating into late 2025 certain bonuses, restricted stock and performance stock units that would otherwise vest around the merger closing, subject to repayment and true-up provisions. Estimated accelerated compensation totals about $9.8 million for Mr. Witherell, $4.6 million for Mr. Saladino, and $3.1 million for Mr. Connolly, based on a per share merger price of $22.00.
Plymouth Industrial REIT (NYSE: PLYM) agreed to be acquired through a two‑step merger by affiliates of Makarora and Ares. Each outstanding share of common stock will be converted into the right to receive $22.00 in cash, without interest, subject to the terms of the agreement and any applicable taxes. The board unanimously approved the deal and will submit it to a stockholder vote.
The structure includes a partnership merger immediately before the REIT merger. Operating Partnership Units not held by the Company or its original limited partner will receive $22.00 in cash, and Series C Preferred Units will be redeemed at the contractual Redemption Price. Operating Partnership warrants will become exercisable for consideration determined by the warrant agreement, which will be $0 if the strike price is ≥ $22.00. After closing, PLYM common stock will be delisted.
Closing is expected in early 2026, subject to stockholder approval and customary conditions. Financing commitments include ~$1.4 billion in debt (Citigroup) and up to $700 million in equity from the investors. Termination fees include $40.1 million (or $15.0 million for certain parties) payable by the Company in specified cases, and a $70.2 million reverse fee payable by Parent in certain circumstances. A go‑shop runs until November 23, 2025.
Plymouth Industrial REIT, Inc. completed the purchase of a 21-building portfolio of industrial properties in Columbus, Cleveland, and Cincinnati, Ohio for $193.0 million through an indirect wholly owned subsidiary.
This amended current report adds the required historical combined statements of revenues and certain operating expenses for the Ohio Properties and the company’s unaudited pro forma condensed consolidated financial statements. These pro forma statements illustrate how the acquisition would have affected Plymouth Industrial REIT’s recent balance sheet and operating results, but the company cautions they are not necessarily indicative of future performance because results may change with shifts in the portfolio, capital structure, interest rates, and property-level revenues and expenses.
Plymouth Industrial REIT (NYSE: PLYM) filed a Form 8-K announcing the closing of a previously disclosed $193.0 million acquisition of a 21-building industrial portfolio. The deal adds approximately 2.1 million rentable square feet and was entirely funded with borrowings from the company’s unsecured revolving credit facility, indicating immediate balance-sheet cash outflow but preserving liquidity from other sources. The seller, OH I&L LL, LLC, is an unrelated third party.
Management disclosed that Rule 3-14 financial statements for the acquired properties and Article 11 pro forma statements for Plymouth’s consolidated results will be filed on Form 8-K/A within 71 days. Until those filings are available, investors lack visibility on expected accretion, capitalization rates, or incremental leverage metrics. Nevertheless, the purchase materially expands Plymouth’s footprint and aligns with its strategy of aggregating Class B warehouse and distribution assets in secondary industrial markets.