Broadstone Net Lease Files 8-K on Operations and Financial Condition

Ticker: BNL · Form: 8-K · Filed: Feb 21, 2024 · CIK: 1424182

Sentiment: neutral

Topics: financial-update, corporate-filing, regulation-fd

TL;DR

**Broadstone Net Lease just dropped an 8-K updating on their financials and operations, so keep an eye out for details.**

AI Summary

Broadstone Net Lease, Inc. filed an 8-K on February 21, 2024, to report on its results of operations and financial condition, as well as Regulation FD disclosure and financial statements and exhibits. The filing indicates that the company, a real estate investment trust (REIT) based in Victor, New York, is providing current information as required by Section 13 or 15(d) of the Securities Exchange Act of 1934. This 8-K serves as a formal update on the company's financial status and operational performance.

Why It Matters

This filing provides investors with an update on Broadstone Net Lease's financial health and operational performance, which can influence investment decisions and market perception.

Risk Assessment

Risk Level: low — This is a routine disclosure filing and does not inherently indicate a significant risk or opportunity, but rather provides transparency.

Key Players & Entities

FAQ

What is the purpose of this 8-K filing by Broadstone Net Lease, Inc.?

The 8-K filing by Broadstone Net Lease, Inc. is to report on its results of operations and financial condition, Regulation FD Disclosure, and Financial Statements and Exhibits, as per the Securities Exchange Act of 1934.

When was the earliest event reported in this 8-K?

The earliest event reported in this 8-K occurred on February 21, 2024.

What is the business address of Broadstone Net Lease, Inc.?

The business address of Broadstone Net Lease, Inc. is 207 High Point Drive, Suite 300, Victor, New York 14564.

What is Broadstone Net Lease, Inc.'s Central Index Key (CIK)?

Broadstone Net Lease, Inc.'s Central Index Key (CIK) is 0001424182.

Under which SEC Act was this 8-K filed?

This 8-K was filed under the 1934 Act.

Filing Stats: 886 words · 4 min read · ~3 pages · Grade level 11.5 · Accepted 2024-02-21 16:12:19

Key Financial Figures

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On February 21, 2024, Broadstone Net Lease, Inc. (the "Company") issued a press release announcing its financial results for the quarter ended December 31, 2023. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. Additionally, on February 21, 2024, the Company made available on its website an updated presentation containing quarterly supplemental information pertaining to its operations and financial results including the quarter ended December 31, 2023. A copy of the quarterly supplemental information is attached hereto as Exhibit 99.2 and is incorporated herein by reference. The press release and quarterly supplemental information are also available on the Company's website. The information contained in this Item 2.02, including the information contained in the press release attached as Exhibit 99.1 hereto and quarterly supplemental information attached as Exhibit 99.2 hereto, are being "furnished" and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. References to the Company's website in this Current Report on Form 8-K and in the attached Exhibit 99.1 and Exhibit 99.2 to this Current Report on Form 8-K do not incorporate by reference the information on such website into this Current Report on Form 8-K and the Company disclaims any such incorporation by reference.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. Also on February 21, 2024, the Company posted its fourth quarter investor presentation on its website. The investor presentation, which members of the Company's management may use in connection with upcoming investor presentations, is attached hereto as Exhibit 99.3 and is incorporated herein by reference. The information contained in this Item 7.01, including the information contained in the investor presentation attached as Exhibit 99.3, are being "furnished" and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. References to the Company's website in this Current Report on Form 8-K and in the attached Exhibit 99.3 to this Current Report on Form 8-K do not incorporate by reference the information on such website into this Current Report on Form 8-K and the Company disclaims any such incorporation by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits INDEX TO EXHIBITS Exhibit No. Description 99.1 Press Release dated February 21, 2024 99.2 Quarterly Supplemental Information for the Quarter Ended December 31, 2023 99.3 Investor Presentation dated February 21, 2024 104 Cover Page Interactive Data File - the cover page XBRL tags are 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 thereunto duly authorized. BROADSTONE NET LEASE, INC. Date: February 21, 2024 By: /s/ John D. Callan Name: John D. Callan Title: Senior Vice President, General Counsel and Secretary

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