Item 7.01 Regulation FD Disclosure.
On November 25, 2019, the Trust issued a press release regarding the completion
of a financing that is intended to provide capital for acquisition of additional
properties on an accretive basis. A copy of the press release is attached hereto
as Exhibit 99.1. The information contained in Item 7.01 of this report,
including Exhibit 99.1, is being furnished and shall not be deemed "filed" for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or
otherwise subject to the liabilities of that section. Such information shall not
be incorporated by reference into any filing of the Trust, whether made before
or after the date hereof, regardless of any general incorporation language in
such filing.
Item 8.01 - Announcement of Financing Activity
On November 25, 2019, Power REIT, through a newly formed subsidiary, completed a
financing that is intended to provide capital for acquisition of additional
properties on an accretive basis. The financing is in the form of long-term
fixed rate bonds with gross proceeds of $15,500,000. The bonds carry a fixed
interest rate of 4.62% and fully amortize over the life of the financing which
matures in 2054 (35 years). Power REIT intends to use the proceeds to expand its
portfolio of income producing properties.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Description of Exhibit
99.1 Power REIT Press Release issued on November 25, 2019.
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