FrontView REIT Reports Material Agreements & Officer Changes
Ticker: FVR · Form: 8-K · Filed: Oct 7, 2024 · CIK: 1988494
Sentiment: neutral
Topics: material-agreement, officer-departure, director-election
TL;DR
FrontView REIT (FVRT) filed an 8-K detailing new deals, terminated agreements, and exec changes effective Oct 1.
AI Summary
FrontView REIT, Inc. filed an 8-K on October 7, 2024, reporting on several key events that occurred on October 1, 2024. These include entering into a material definitive agreement, terminating a material definitive agreement, and changes in directors and officers, including compensatory arrangements. The filing also includes financial statements and exhibits.
Why It Matters
This filing signals significant corporate actions, including new agreements and potential leadership shifts, which could impact the company's strategic direction and financial performance.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and officer changes, which can introduce uncertainty and potential strategic shifts.
Key Numbers
- 001-42301 — SEC File Number (Identifies the company's filing with the SEC.)
- 93-2133671 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- FrontView REIT, Inc. (company) — Registrant
- October 1, 2024 (date) — Date of earliest event reported
- October 7, 2024 (date) — Date of report
- Maryland (location) — State of incorporation
- Dallas, Texas (location) — Principal executive offices
FAQ
What were the specific material definitive agreements entered into by FrontView REIT?
The filing indicates the entry into a material definitive agreement but does not specify the details of the agreement in the provided text.
What was the nature of the material definitive agreement that was terminated?
The filing states that a material definitive agreement was terminated, but the specific details of this agreement are not provided in the excerpt.
What changes occurred regarding directors or officers on October 1, 2024?
The filing reports on the departure of directors or certain officers, the election of directors, and the appointment of certain officers, as well as compensatory arrangements.
What is the principal executive office address for FrontView REIT?
The principal executive offices are located at 3131 McKinney Avenue, Suite L10, Dallas, Texas 75204.
What is the fiscal year end for FrontView REIT?
The fiscal year end for FrontView REIT is December 31.
Filing Stats: 2,132 words · 9 min read · ~7 pages · Grade level 13.1 · Accepted 2024-10-07 16:58:08
Key Financial Figures
- $0.01 — nge on which registered: Common stock $0.01 par value per share FVR New York St
- $150.0 million — gate principal balance of approximately $150.0 million and terminated the associated Credit Ag
- $16.0 million — gate principal balance of approximately $16.0 million and terminated the associated Loan and
Filing Documents
- ny20036129x14_8k.htm (8-K) — 56KB
- ny20036129x14_ex1-1.htm (EX-1.1) — 299KB
- ny20036129x14_ex10-1.htm (EX-10.1) — 654KB
- ny20036129x14_ex10-2.htm (EX-10.2) — 24KB
- ny20036129x14_ex10-3.htm (EX-10.3) — 25KB
- ny20036129x14_ex10-4.htm (EX-10.4) — 25KB
- ny20036129x14_ex10-5.htm (EX-10.5) — 25KB
- ny20036129x14_ex10-7.htm (EX-10.7) — 210KB
- ny20036129x14_ex10-8.htm (EX-10.8) — 187KB
- ny20036129x14_ex10-9.htm (EX-10.9) — 163KB
- ny20036129x14_ex10-10.htm (EX-10.10) — 206KB
- 0001140361-24-042976.txt ( ) — 2390KB
- fvr-20241001.xsd (EX-101.SCH) — 4KB
- fvr-20241001_lab.xml (EX-101.LAB) — 22KB
- fvr-20241001_pre.xml (EX-101.PRE) — 16KB
- ny20036129x14_8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits: The following exhibits are included with this Current Report on Form 8-K: Exhibit No. Description 1.1 Underwriting Agreement, dated October 1, 2024, among FrontView REIT, Inc., FrontView Operating Partnership LP and Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Wells Fargo Securities, LLC and BofA Securities, Inc., as representatives of the several underwriters named therein. 10.1 Amended and Restated Partnership Agreement of FrontView Operating Partnership LP, dated as of October 3, 2024. 10.2 Contribution Agreement, dated as of October 3, 2024, by and between certain individual investors in NADG NNN Property Fund LP and FrontView Operating Partnership LP. 10.3 Contribution Agreement, dated as of October 3, 2024, by and between certain individual investors in NADG NNN Convertible Preferred LLC and FrontView Operating Partnership LP. 10.4 Contribution Agreement, dated as of October 2, 2024, by and between NADG NNN Property Fund (US) Limited Partnership and FrontView Operating Partnership LP. 10.5 Contribution Agreement, dated as of October 2, 2024, by and between NADG NNN Convertible Preferred (Canadian) LP and FrontView Operating Partnership LP. 10.6 FrontView REIT, Inc. 2024 Omnibus Equity and Incentive Plan (incorporated by reference to Exhibit 99.1 to the Registrant's Registration Statement on Form S-8 (File No. 333-282496), filed on October 4, 2024). 10.7 Employment Agreement with Stephen Preston, dated as of October 3, 2024. 10.8 Employment Agreement with Randall Starr, dated as of October 3, 2024. 10.9 Employment Agreement with Drew Ireland, dated as of October 3, 2024. 10.10 Employment Agreement with Timothy Dieffenbacher, dated as of October 3, 2024. 10.11 Form of Indemnification Agreement, between FrontView REIT, Inc. and each of its officers and directors (incorporated by reference to Exhibit 10.15 to the Registrant's Registration Statement on Form S-11 (File
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. FRONTVIEW REIT, INC. By: /s/ Stephen Preston Name: Stephen Preston Title: Chairman, Co-Chief Executive Officer and Co-President Date: October 7, 2024