Power REIT investor updates Schedule 13D filer name
Power REIT investor Bradley & Daytona Railway & Land Co. LLC filed Amendment No. 2 to its Schedule 13D for the company’s Series A Cumulative Redeemable Perpetual Preferred Stock, which has a $25 per share liquidation preference.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary
Power REIT investor Bradley & Daytona Railway & Land Co. LLC filed Amendment No. 2 to its Schedule 13D for the company’s Series A Cumulative Redeemable Perpetual Preferred Stock, which has a $25 per share liquidation preference. The filing states the investor beneficially owns 20,680 shares, representing 6.1% of this preferred class, with sole voting and dispositive power over all reported shares. This amendment is described as being filed solely to correct the filer entity name on the cover page, without changing the previously reported ownership position.
Key Figures
Beneficial ownership: 20,680 shares
Ownership percentage: 6.1%
Liquidation preference: $25 per share
+2 more
5 metrics
Beneficial ownership
20,680 shares
Series A preferred shares beneficially owned by reporting person
Ownership percentage
6.1%
Percent of Series A preferred class represented by 20,680 shares
Liquidation preference
$25 per share
Liquidation preference of Series A Cumulative Redeemable Perpetual Preferred Stock
Sole voting power
20,680 shares
Shares over which the reporting person has sole voting power
Sole dispositive power
20,680 shares
Shares over which the reporting person has sole dispositive power
Key Terms
Series A Cumulative Redeemable Perpetual Preferred Stock, Schedule 13D, beneficially owned, sole voting power, +2 more
6 terms
Series A Cumulative Redeemable Perpetual Preferred Stock financial
"Title of Class of Securities: Series A Cumulative Redeemable Perpetual Preferred Stock Liquidation Preference $25 per Share"
Schedule 13D regulatory
"This Amendment No. 2 to ("Amendment No. 2") amends and supplements the originally filed ..."
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially owned financial
"Aggregate amount beneficially owned by each reporting person 20,680.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Number of Shares Beneficially Owned by Each Reporting Person With: | 7 | Sole Voting Power 20,680.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"9 | Sole Dispositive Power 20,680.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
liquidation preference financial
"Series A Cumulative Redeemable Perpetual Preferred Stock Liquidation Preference $25 per Share"
A liquidation preference is a rule that determines who gets paid first and how much they receive when a company is sold, goes bankrupt, or distributes its assets. It gives certain investors a priority claim—often returning their original investment plus any agreed multiple—before other owners receive money, which shapes how much common shareholders and founders ultimately get; think of it as a front-of-the-line pass that affects payout order and investor returns.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Power REIT (PW) Amendment No. 2 to Schedule 13D report?
Amendment No. 2 reports that Bradley & Daytona Railway & Land Co. LLC corrected its filer entity name on the Schedule 13D. The filing confirms existing beneficial ownership of 20,680 Series A preferred shares, representing 6.1% of that class, with sole voting and dispositive power.
What class of Power REIT (PW) securities is covered in this 13D/A?
The filing covers Power REIT’s Series A Cumulative Redeemable Perpetual Preferred Stock, which has a liquidation preference of $25 per share. This class is separate from common stock and carries its own rights and preferences as described by the issuer’s governing documents.
Does this Power REIT (PW) 13D amendment change ownership levels?
The amendment states it is being filed to correct the filer entity name on the cover page. It continues to report beneficial ownership of 20,680 Series A preferred shares, or 6.1% of that class, indicating no change to the reported ownership position in this update.
Who signed the updated Schedule 13D/A for Power REIT (PW)?
The updated Schedule 13D/A was signed by Alexander Kachmar as Managing Member of Bradley & Daytona Railway and Land Co. LLC. His signature certifies that, to his knowledge and belief, the information in the statement is true, complete, and correct as of the reported date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates