Safehold Inc 8-K, filed Aug 25, 2022
Safehold Inc. (SAFE)
About this 8-K
Safehold Inc filed this 8-K on August 25, 2022, reporting on events of August 22, 2022.
Items reported
- Item 3.01: Delisting notice or listing transfer
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 3.02Unregistered Sales of Equity Securities.
On August 22, 2022, iStar Inc. (the “Company”) completed a privately-negotiated exchange transaction with a holder of approximately $24.8 million principal amount of the Company's 3.125% Convertible Senior Notes due 2022 in which the noteholder exchanged their convertible notes with the Company for approximately 1.0 million newly issued shares of the Company's common stock and aggregate cash payments of approximately $13.5 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: | August 25, 2022 | By: | /s/ BRETT ASNAS |
| | | Brett Asnas |
| | | Chief Financial Officer |
| | | (principal financial officer) |