Safehold Inc 8-K, filed Jul 21, 2022
Safehold Inc. (SAFE)
About this 8-K
Safehold Inc filed this 8-K on July 21, 2022, reporting on events of July 18, 2022.
Items reported
- Item 3.02: Unregistered sale of equity
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Item 3.02Unregistered Sales of Equity Securities.
On July 18, 2022, iStar Inc. completed a privately-negotiated exchange transaction with holders of approximately $23.4 million aggregate principal amount of the company's 3.125% Convertible Senior Notes due 2022 in which the noteholders exchanged their convertible notes with the company for an aggregate of approximately 1.1 million newly issued shares of the company's common stock and aggregate cash payments of approximately $10.8 million. The convertible notes received by the company were retired.
The exchanges of shares of common stock for convertible notes were made pursuant to the exemption from registration provided in Section 3(a)(9) of the Securities Act of 1933, as amended.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
| | | iStar Inc. |
| | | |
Date: | July 21, 2022 | By: | /s/ BRETT ASNAS |
| | | Brett Asnas |
| | | Chief Financial Officer |
| | | (principal financial officer) |