UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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| Securities registered pursuant to Section 12(b) of the Act: | ||
| Title of Each Class | Trading Symbol | Name of Each Exchange on Which Registered |
| Item 8.01 | Other Events |
On August 2, 2023, Plymouth Industrial REIT, Inc. (the “Company”) issued a press release announcing that it had called for redemption all of the outstanding shares of its 7.50% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) on September 6, 2023 (the “Redemption Date”). The shares of Series A Preferred Stock are currently traded on the NYSE American exchange under the symbol “PLYM-PrA” (CUSIP No. 729640201).
The Series A Preferred Stock will be redeemed for a redemption price equal to $25.00 per share (the “Redemption Payment”) for a total Redemption Payment of $48.8 million. From and after the Redemption Date, all dividends will cease to accrue on the redeemed shares of Series A Preferred Stock.
On September 6, 2023, a dividend of $0.34647 per share of Series A Preferred Stock will paid to the record holders at the close of business on August 25, 2023. All shares of Series A Preferred Stock are held in book-entry form through The Depository Trust Company.
A copy of the press release is attached hereto at Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits:
| Exhibit No. | Description | |
| 99.1 | Plymouth Industrial REIT, Inc. press release dated August 2, 2023 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PLYMOUTH INDUSTRIAL REIT, INC. | |||||
| Date: August 2, 2023 | By: |
/s/ Jeffrey E. Witherell |
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| Jeffrey E. Witherell | |||||
| Chief Executive Officer | |||||