Current Report Filing (8-k)
2019年11月1日 - 5:36AM
Edgar (US Regulatory)
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): October 28, 2019
Bluerock Residential Growth REIT, Inc.
(Exact Name of Registrant as Specified in
Its Charter)
Maryland
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001-36369
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26-3136483
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(State or other jurisdiction
of incorporation or organization)
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(Commission File Number)
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(I.R.S. Employer
Identification No.)
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1345 Avenue of the Americas, 32nd Floor
New York, NY 10105
(Address of principal executive offices)
(212) 843-1601
(Registrant’s telephone number, including
area code)
None.
(Former name or former address, if changed
since last report)
Securities registered pursuant to Section
12(b) of the Exchange Act:
Title of each class
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Trading Symbol
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Name of each exchange on which registered
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Class A Common Stock, $0.01 par value per share
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BRG
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NYSE American
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8.250% Series A Cumulative Redeemable Preferred Stock, $0.01 par value per share
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BRG-PrA
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NYSE American
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7.625% Series C Cumulative Redeemable Preferred Stock, $0.01 par value per share
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BRG-PrC
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NYSE American
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7.125% Series D Cumulative Preferred Stock, $0.01 par value per share
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BRG-PrD
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NYSE American
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Securities registered pursuant to Section
12(g) of the Exchange Act:
Title of each class
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Series B Redeemable Preferred Stock, $0.01 par value per share
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Warrants to Purchase Shares of Class A Common Stock, $0.01 par value per share
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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:
¨
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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¨
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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¨
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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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¨
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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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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. ¨
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ITEM 3.03.
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MATERIAL MODIFICATION
TO RIGHTS OF SECURITY HOLDERS
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As
previously disclosed in the Current Report on Form 8-K filed by Bluerock Residential Growth REIT, Inc., a Maryland corporation
(the “Company”) on October 4, 2019, at the Company’s annual meeting of stockholders on September 30, 2019, the
Company’s common stockholders approved Articles of Amendment (the “Articles of Amendment”) to the Articles Supplementary
dated February 26, 2016 (the “Original Articles Supplementary”) for the Company’s Series B redeemable preferred
stock (the “Series B Preferred Stock”) and warrants (the “Warrants”) to purchase shares of the Company’s
Class A common stock (the “Class A Common Stock”). On October 28, 2019, the Company filed the Articles of Amendment
with the Maryland State Department of Assessments and Taxation.
Under
the Articles of Amendment, existing Section 4(a) of the Original Articles Supplementary was deleted in its entirety, and replaced
with a new Section 4(a) to allow for the proration of dividends on newly-issued shares of Series B Preferred Stock based on the
actual number of days in any calendar month during which such shares of Series B Preferred Stock are outstanding (the “Series
B Preferred Dividend Proration Amendment”). The Series B Preferred Dividend Proration Amendment allows for dividends on the
newly-issued Series B Preferred Stock to be prorated with respect to any shares of Series B Preferred Stock that are outstanding
for less than the total number of days in the dividend period immediately preceding the applicable dividend payment date.
Also
under the Articles of Amendment, existing Sections 2(g), 6(b), 7(b), 8(b), and 9(a) of the Original Articles Supplementary were
deleted in their entirety, and inserted in their respective places were new Sections 2(g), 6(b), 7(b), 8(b), and 9(a) to reduce
the number of trading days to be utilized in calculating the redemption price at which shares of Series B Preferred Stock are redeemed,
and to reduce the notice period for redemptions by the Company thereof . Under the Articles of Amendment, the redemption
price applicable upon redemption of any shares of Series B Preferred Stock will be based on the closing price of the Class A Common
Stock on the single trading day prior to the redemption date, such that the redemption price will more accurately reflect the fair
market value of the Class A Common Stock as of the date of redemption. Finally, under the Articles of Amendment, the notice period
for redemptions of the Series B Preferred Stock initiated by the Company was reduced from up to thirty (30) days to no less than
fourteen (14) days, such that the Company will be required to provide notice of any such redemption to the holders of the shares
of Series B Preferred Stock to be redeemed no less than fourteen (14) days prior to the redemption date, to enable the Company
to evaluate market conditions with respect to any redemption of shares of Series B Preferred Stock initiated by the Company closer
to the actual date of redemption.
The
Articles of Amendment became effective upon filing on October 28, 2019. The total number of shares of Series B Preferred Stock
that the Company has authority to issue after giving effect to the Articles of Amendment is 1,225,000. There has been no increase
in the authorized shares of stock of the Company effected by the Articles of Amendment.
The
foregoing description of the Articles of Amendment is a summary and is qualified in its entirety by the terms of the Articles of
Amendment, a copy of which is filed as Exhibit No. 3.1 to this Current Report on Form 8-K and incorporated by reference into this
Item 3.03.
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ITEM 5.03
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AMENDMENTS TO ARTICLES
OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR
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The
information set forth above under Item 3.03 of this report is hereby incorporated by reference into this Item 5.03.
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ITEM 9.01
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FINANCIAL STATEMENTS
AND EXHIBITS.
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SIGNATURE
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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BLUEROCK RESIDENTIAL GROWTH REIT, INC.
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Dated: October 31, 2019
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By:
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/s/ Christopher J. Vohs
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Christopher J. Vohs
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Chief Financial Officer and Treasurer
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Exhibit Index
Bluerock Residential Growth (AMEX:BRG.PRD)
過去 株価チャート
から 5 2024 まで 6 2024
Bluerock Residential Growth (AMEX:BRG.PRD)
過去 株価チャート
から 6 2023 まで 6 2024