Elme Communities Files 8-K for Other Events and Exhibits
Ticker: ELME · Form: 8-K · Filed: Feb 20, 2024 · CIK: 104894
| Field | Detail |
|---|---|
| Company | Elme Communities (ELME) |
| Form Type | 8-K |
| Filed Date | Feb 20, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $350,000,000, $0.01, $340 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: administrative, corporate-governance, compliance
TL;DR
**Elme Communities just filed a routine 8-K, confirming company details and compliance.**
AI Summary
Elme Communities filed an 8-K on February 20, 2024, to report an "Other Event" and "Financial Statements and Exhibits." The filing confirms the company's current name, Elme Communities, and its business address at 7550 Wisconsin Avenue, Suite 900, Bethesda, MD 20814. The company, formerly known as Washington Real Estate Investment Trust until July 3, 1992, operates as a Real Estate Investment Trust (REIT) with a fiscal year ending December 31.
Why It Matters
This filing provides updated administrative information for Elme Communities, ensuring transparency and compliance with SEC regulations for investors and the public.
Risk Assessment
Risk Level: low — This 8-K is a routine administrative filing with no material changes to the company's operations or financial health.
Key Numbers
- 0000104894 — Central Index Key (CIK) (Unique identifier for Elme Communities)
- 001-06622 — Commission File Number (SEC file number for Elme Communities)
- 53-0261100 — IRS Employer Identification Number (Tax identification for Elme Communities)
- 19920703 — Date of Name Change (When Washington Real Estate Investment Trust changed to Elme Communities)
- 1231 — Fiscal Year End (Elme Communities' fiscal year end)
Key Players & Entities
- Elme Communities (company) — Registrant
- Washington Real Estate Investment Trust (company) — Former company name
- February 20, 2024 (date) — Date of earliest event reported and filing date
- 7550 Wisconsin Avenue, Suite 900, Bethesda, MD 20814 (address) — Principal executive office address
- 202-774-3200 (phone_number) — Registrant's telephone number
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is ELME COMMUNITIES.
What was the former name of Elme Communities and when did the name change occur?
The former name of Elme Communities was WASHINGTON REAL ESTATE INVESTMENT TRUST, and the name change occurred on July 3, 1992.
What is the business address and phone number of Elme Communities?
The business address of Elme Communities is 7550 WISCONSIN AVE, SUITE 900, BETHESDA, MD 20814, and its telephone number is (202) 774-3200.
What is the purpose of this 8-K filing by Elme Communities?
This 8-K filing by Elme Communities is for "Other Events" and "Financial Statements and Exhibits" as of February 20, 2024.
What is Elme Communities' Standard Industrial Classification (SIC) and fiscal year end?
Elme Communities' Standard Industrial Classification is REAL ESTATE INVESTMENT TRUSTS [6798], and its fiscal year ends on December 31.
Filing Stats: 1,848 words · 7 min read · ~6 pages · Grade level 13.3 · Accepted 2024-02-20 16:45:12
Key Financial Figures
- $350,000,000 — up to an aggregate gross sales price of $350,000,000 (the "Offered Shares") of Elme's common
- $0.01 — s common shares of beneficial interest, $0.01 par value per share (the "Common Shares
- $340 million — time of such termination, approximately $340 million remained unsold under such prior progra
Filing Documents
- d792484d8k.htm (8-K) — 35KB
- d792484dex11.htm (EX-1.1) — 289KB
- d792484dex51.htm (EX-5.1) — 20KB
- d792484dex52.htm (EX-5.2) — 10KB
- d792484dex991.htm (EX-99.1) — 188KB
- g792484g0219173121544.jpg (GRAPHIC) — 2KB
- 0001193125-24-040053.txt ( ) — 791KB
- elme-20240220.xsd (EX-101.SCH) — 3KB
- elme-20240220_lab.xml (EX-101.LAB) — 18KB
- elme-20240220_pre.xml (EX-101.PRE) — 11KB
- d792484d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 1.1 Equity Distribution Agreement, dated February 20, 2024, by and between Elme and Wells Fargo Securities, LLC, BNY Mellon Capital Markets, LLC, Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, KeyBanc Capital Markets Inc., TD Securities (USA) LLC and Truist Securities, Inc. as agents or forward Sellers, as applicable, and Wells Fargo Bank, National Association, The Bank of New York Mellon, Citibank, N.A., Goldman Sachs & Co. LLC, KeyBanc Capital Markets Inc., The Toronto-Dominion Bank and Truist Bank as forward purchasers 5.1 Opinion of Hogan Lovells US LLP regarding the legality of the common shares registered 5.2 Opinion of Hogan Lovells US LLP regarding the legality of the common shares registered 23.1 Consent of Hogan Lovells US LLP (included in Exhibit 5.1) 23.2 Consent of Hogan Lovells US LLP (included in Exhibit 5.2) 99.1 Form of Forward Contract 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. ELME COMMUNITIES Date: February 20, 2024 By: /s/ W. Drew Hammond Name: W. Drew Hammond Title: Senior Vice President, Chief Administrative Officer, Treasurer and Corporate Secretary