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Tuesday, January 24, 2017 7:19:23 PM
http://ih.advfn.com/p.php?pid=nmona&article=73684840
Innovative Industrial Properties, Inc. (NYSE: IIPR) (the “Company”) announced today that it will reclassify all outstanding shares of Class A common stock and Class B common stock into a single class of common stock on a one-for-one basis. There are no shares of Class B common stock outstanding, as all shares of Class B common stock were redeemed by the Company for $0.001 per share (par value) immediately prior to the Company's initial public offering in December 2016.
To implement the reclassification, the Company plans to file an amended and restated charter with the Secretary of State of the State of Maryland, which the Company expects to become effective at 5:00 pm Eastern Time on January 26, 2017. Upon the effectiveness of the amended and restated charter, each share of the Company's outstanding Class A common stock and Class B common stock will be automatically reclassified as, and become one share of, a new single class of common stock named "common stock" that has the same voting powers, preferences, rights and qualifications, limitations and restrictions as the current Class A common stock.
Trading in the Class A common stock is expected to cease after the markets close on January 26, 2017 and trading in the Company's single class of common stock is expected to commence on January 27, 2017. There will be no change in the ticker symbol or CUSIP number for the current Class A common stock being converted to common stock.
Recent IIPR News
- Innovative Industrial Properties Declares Third Quarter 2024 Dividends • Business Wire • 09/13/2024 11:00:00 AM
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 08/30/2024 09:10:21 PM
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 08/30/2024 09:05:31 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 08/30/2024 09:01:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2024 12:55:44 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/06/2024 08:41:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 11:01:33 AM
- Innovative Industrial Properties Reports Second Quarter 2024 Results • Business Wire • 08/05/2024 08:07:00 PM
- Innovative Industrial Properties to Report 2024 Second Quarter Results • Business Wire • 07/18/2024 08:10:00 PM
- Innovative Industrial Properties Declares Second Quarter 2024 Dividends • Business Wire • 06/14/2024 11:00:00 AM
- AYR Wellness Secures Real Estate Financing for Florida Indoor Cultivation • GlobeNewswire Inc. • 06/10/2024 11:30:00 AM
- Innovative Industrial Properties Acquires Florida Property and Expands Long-Term Real Estate Partnership with AYR Wellness • Business Wire • 06/10/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 09:12:58 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/24/2024 09:03:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 09:39:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 09:34:48 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2024 08:15:38 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 11:00:40 AM
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- Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 09:09:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/27/2024 10:27:19 PM
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