American Healthcare REIT Appoints New Officers and Directors

TL;DR

New execs and board members at American Healthcare REIT, expect strategic shifts.

AI Summary

American Healthcare REIT, Inc. announced on March 12, 2024, the appointment of new officers and directors, including the election of new board members and the appointment of a new Chief Operating Officer. The company also disclosed compensatory arrangements for these officers. This filing follows the company's transition and potential strategic shifts.

Why It Matters

Changes in leadership and board composition can signal shifts in company strategy, operational focus, and financial priorities, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in key leadership and board composition can introduce uncertainty regarding future strategy and execution.

Key Players & Entities

• American Healthcare REIT, Inc. (company) — Registrant
• March 12, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common Stock, $0.01 par value per share AHR New York Stock
• $3,784,680 — m 402 of Regulation S-K for our CEO was $3,784,680. The 2023 annual total compensation as
• $122,976 — ulation S-K for our median employee was $122,976. Based on this information, the ratio o
• $5.23 — in Comrit amended its purchase price to $5.23 per share and extended the expiration d
• $0.25 — quarterly distribution will be equal to $0.25 per share of our common stock, which is
• $1.00 — l to an annualized distribution rate of $1.00 per share. The first quarter distributi

Filing Documents

• ahr-20240312.htm (8-K) — 65KB
• exhibit991comrittenderof.htm (EX-99.1) — 13KB
• exhibit992firstquarter2024.htm (EX-99.2) — 5KB
• ahrlogo.gif (GRAPHIC) — 5KB
• exhibit991comrittenderof001.jpg (GRAPHIC) — 288KB
• exhibit991comrittenderof002.jpg (GRAPHIC) — 305KB
• exhibit991comrittenderof003.jpg (GRAPHIC) — 97KB
• 0001632970-24-000030.txt ( ) — 1177KB
• ahr-20240312.xsd (EX-101.SCH) — 2KB
• ahr-20240312_lab.xml (EX-101.LAB) — 22KB
• ahr-20240312_pre.xml (EX-101.PRE) — 13KB
• ahr-20240312_htm.xml (XML) — 3KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. Comrit Tender Offer Response As previously reported in our Current Report on Form 8-K filed on January 11, 2024, our board of directors issued a response to an unsolicited mini-tender offer from an unaffiliated third party, Comrit Investments 1, Limited Partnership, or Comrit, for our shares of Class T and Class I common stock, or Comrit's January 2024 offer. On March 15, 2024, our board of directors issued a response to an amendment to Comrit's January 2024 offer wherein Comrit amended its purchase price to $5.23 per share and extended the expiration date of its offer to March 31, 2024. For several reasons discussed in the response letter, our board of directors has determined not to make any recommendation and to remain neutral as to whether stockholders should tender shares in Comrit's January 2024 offer, as amended. The response letter, addressed to our stockholders and attached to this Form 8-K as Exhibit 99.1, is available on our website in the Investor Relations – News section at www.AmericanHealthcareREIT.com and incorporated in its entirety into this Item 7.01. The response letter to stockholders will also be mailed to our stockholders upon their request. First Quarter 2024 Distribution On March 15, 2024, we issued a press release announcing our first quarter 2024 distribution, as further described in Item 8.01 below. A copy of the press release is attached hereto as Exhibit 99.2 and is incorporated by reference herein. The information furnished under this Item 7.01, including Exhibits 99.1 and 99.2, shall not be deemed to be "filed" for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act.

01 Other Events

Item 8.01 Other Events. On March 13, 2024, our board of directors authorized a distribution to holders of our common stock, Class T common stock and Class I common stock of record as of the close of business on March 28, 2024, for the quarter commencing on January 1, 2024 and ending on March 31, 2024. The quarterly distribution will be equal to $0.25 per share of our common stock, which is equal to an annualized distribution rate of $1.00 per share. The first quarter distribution will be paid in cash on or about April 19, 2024, only from legally available funds.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 American Healthcare REIT, Inc. Response Letter Re. Amended Comrit Tender Offer dated March 15, 2024 99.2 American Healthcare REIT, Inc. Press R elease dated March 15, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES 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. American Healthcare REIT, Inc. March 15, 2024 By: /s/ Danny Prosky Name: Danny Prosky Title: Chief Executive Officer and President

View Full Filing

View this 8-K filing on SEC EDGAR