Power REIT group reports 11.9% in Series A
Power REIT (PW) received an amended Schedule 13D (Amendment No. 7) concerning its Series A Cumulative Redeemable Perpetual Preferred Stock, which has a liquidation preference of $25 per share.
Rhea-AI Filing Summary
Power REIT (PW) received an amended Schedule 13D (Amendment No. 7) concerning its Series A Cumulative Redeemable Perpetual Preferred Stock, which has a liquidation preference of $25 per share. A group of reporting persons, including Bradley & Daytona Railway and Land Co. LLC, Alexander Kachmar, and trusts associated with David Cacciapaglia, report that they may be deemed to beneficially own an aggregate of 39,921 Series A Preferred shares.
These 39,921 shares represent approximately 11.85% of the 336,944 Series A Preferred shares outstanding as of June 30, 2026, based on Power REIT’s Form 10-Q. The group reports shared voting power over these shares for specific matters under Section 8 of the Articles Supplementary, while each reporting person retains sole dispositive power over the shares that person or trust beneficially owns.
Positive
- None.
Negative
- None.
Filing Explained
Amendment No. 7 identifies the group’s reported Series A Preferred ownership by holder: Bradley & Daytona and Alexander Kachmar directly beneficially own
Key Figures
Key Terms
beneficially own financial
Series A Cumulative Redeemable Perpetual Preferred Stock financial
Articles Supplementary regulatory
Schedule 13D regulatory
dispositive power financial
FAQ
What ownership stake in Power REIT (PW) Series A Preferred is reported in this Schedule 13D/A?
Which securities of Power REIT (PW) are covered by this Schedule 13D/A amendment?
Who are the main reporting persons in this Power REIT (PW) Schedule 13D/A?
What are the individual beneficial ownership percentages reported for the Power REIT (PW) Series A Preferred?
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