Current Report Filing (8-k)
July 08 2022 - 04:16PM
Edgar (US Regulatory)
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2022-07-01
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
Date of report (Date of earliest event reported): July 1, 2022
Pennsylvania Real Estate Investment Trust
(Exact Name of Registrant as Specified in its Charter)
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Pennsylvania |
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001-6300 |
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23-6216339 |
(State or Other Jurisdiction of
Incorporation or Organization) |
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(Commission
File Number) |
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(IRS Employer
Identification No.) |
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One Commerce Square
2005 Market Street, Suite 1000
Philadelphia, Pennsylvania
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19103 |
(Address of Principal Executive
Offices) |
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(Zip Code) |
Registrant’s telephone number, including area code: (215)
875-0700
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
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☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
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☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading
Symbol(s)
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Name of each exchange
on which registered
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Shares of Beneficial Interest, par
value $1.00 per share |
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PEI |
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New York Stock Exchange |
Series B Preferred Shares, par value
$0.01 per share |
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PEIPrB |
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New York Stock Exchange |
Series C Preferred Shares, par value
$0.01 per share |
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PEIPrC |
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New York Stock Exchange |
Series D Preferred Shares, par value
$0.01 per share |
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PEIPrD |
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New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 7.01. |
Regulation FD Disclosure.
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On July 1, 2022, Pennsylvania Real Estate Investment Trust
(the “Trust”) received notice from the New York Stock Exchange (the
“NYSE”) that it has regained compliance with the NYSE continued
listing standard set forth in Section 802.01C of the NYSE’s
Listed Company Manual, which requires listed companies to maintain
an average closing price of at least $1.00 per share over a
consecutive 30-day trading
period. As previously disclosed, on February 4, 2022, the
Trust received notice from the NYSE that it was not in compliance
with that continued listing standard. The Trust had six months from
the date of that notice to regain compliance with the minimum share
price requirement. The Trust regained compliance after the closing
price for its common shares on June 30, 2022 and the average
closing price for its common shares during the 30 trading-day period ending
June 30, 2022 both exceeded $1.00.
The Trust also remains in compliance with all other applicable NYSE
continued listing standards.
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
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PENNSYLVANIA REAL ESTATE INVESTMENT TRUST
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Date: July 8, 2022
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By: |
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/s/ Lisa M. Most
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Lisa M.
Most |
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Executive Vice
President, Secretary and General Counsel |
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