IIPR Files 10-K/A Amendment for FY 2023

Ticker: IIPR-PA · Form: 10-K/A · Filed: Aug 30, 2024 · CIK: 1677576

Innovative Industrial Properties Inc 10-K/A Filing Summary
FieldDetail
CompanyInnovative Industrial Properties Inc (IIPR-PA)
Form Type10-K/A
Filed DateAug 30, 2024
Risk Levelmedium
Pages7
Reading Time8 min
Key Dollar Amounts$0.001, $73.01
Sentimentneutral

Sentiment: neutral

Topics: amendment, real-estate, filing

TL;DR

IIPR filed an amendment to its 2023 10-K. Check for updates.

AI Summary

Innovative Industrial Properties, Inc. (IIPR) filed an amendment (10-K/A) to its annual report for the fiscal year ended December 31, 2023. This amendment likely provides updated or corrected information regarding the company's financial performance and operations. IIPR is a real estate company focused on industrial properties.

Why It Matters

This filing provides updated information for investors and analysts regarding IIPR's financial health and operational status for the fiscal year 2023, which could influence investment decisions.

Risk Assessment

Risk Level: medium — Amendments to 10-K filings can indicate significant corrections or updates to previously reported financial information, warranting closer scrutiny.

Key Numbers

  • 001-37949 — Commission File Number (Identifies the company's filing with the SEC.)

Key Players & Entities

  • Innovative Industrial Properties, Inc. (company) — Registrant
  • IIPR (company) — Ticker Symbol
  • 10-K/A (document) — Filing Type
  • December 31, 2023 (date) — Fiscal Year End

FAQ

What specific information is being amended in the 10-K/A filing?

The filing itself, tm2422990d1_10ka.htm, would contain the specific details of the amendments, which are not fully elaborated in the provided header information.

What is the primary business of Innovative Industrial Properties, Inc.?

Innovative Industrial Properties, Inc. is a real estate company operating within the Real Estate [6500] sector, focusing on industrial properties.

When was the company formerly known as Innovative Greenhouse Properties Inc.?

The company changed its name from Innovative Greenhouse Properties Inc. on June 20, 2016.

What is the fiscal year end for Innovative Industrial Properties, Inc.?

The fiscal year end for Innovative Industrial Properties, Inc. is December 31.

What is the filing date of this amendment?

This amendment (10-K/A) was filed on August 30, 2024.

Filing Stats: 2,042 words · 8 min read · ~7 pages · Grade level 10.1 · Accepted 2024-08-30 17:01:05

Key Financial Figures

  • $0.001 — ch Registered Common Stock, par value $0.001 per share IIPR New York Stock Exchang
  • $73.01 — ed upon the last reported sale price of $73.01 per share on the New York Stock Exchang

Filing Documents

EXHIBIT AND FINANCIAL STATEMENT SCHEDULE

ITEM 15. EXHIBIT AND FINANCIAL STATEMENT SCHEDULE (3) Exhibits Exhibit Number Description of Exhibit 1.1 Form of Equity Distribution Agreement, dated as of January 20, 2023, between Innovative Industrial Properties, Inc., IIP Operating Partnership, LP and each sales agent.(1) 3.1 Second Articles of Amendment and Restatement of Innovative Industrial Properties, Inc. (including Articles Supplementary Classifying Innovative Industrial Properties, Inc.'s 9.00% Series A Cumulative Redeemable Preferred Stock).(2) 3.2 Third Amended and Restated Bylaws of Innovative Industrial Properties, Inc.(3) 4.1 Form of Certificate for Common Stock.(4) 4.2 Indenture, dated as of February 21, 2019, among IIP Operating Partnership, LP, as issuer, Innovative Industrial Properties, Inc. and the subsidiaries of IIP Operating Partnership, LP, as guarantors, Argent Institutional Trust Company, as trustee (as successor-in-interest to GLAS Trust Company LLC), and Securities Transfer Corporation, as registrar (as successor-in-interest to GLAS Trust Company LLC), including the Form of Note representing IIP Operating Partnership, LP's 3.75% Exchangeable Senior Notes due 2024.(5) 4.3 Indenture, dated as of May 25, 2021, among Innovative Industrial Properties, Inc., IIP Operating Partnership, LP, the Subsidiary Guarantors set forth on the signature page thereto, Argent Institutional Trust Company, as trustee (as successor-in-interest to GLAS Trust Company LLC), and Securities Transfer Corporation, as registrar (as successor-in-interest to GLAS Trust Company LLC), including the form of 5.50% Senior Note due 2026.(6) 4.4 Innovative Industrial Properties, Inc. Description of Securities Registered Pursuant to Section 12 of the Securities Exchange Act of 1934, as amended.(7) 10.1 Agreement of Limited Partnership of IIP Operating Partnership, LP.(8) 10.2+ 2016 Omnibus Incentive Plan.(8) 10.3+ Form of Restricted Stock Award Agreement for Officers.(9) 10.4+

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. INNOVATIVE INDUSTRIAL PROPERTIES, INC. By: /s/ David Smith David Smith Chief Financial Officer and Treasurer (Principal Financial Officer) Dated August 30, 2024 4

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