Pacific Oak REIT Files Definitive Additional Materials

TL;DR

Pacific Oak REIT dropped more proxy docs, check 'em.

AI Summary

Pacific Oak Strategic Opportunity REIT, Inc. (formerly KBS Strategic Opportunity REIT, Inc.) filed a DEFA14A on July 24, 2024. This filing is a definitive additional material related to their proxy statement. The company is incorporated in Maryland and its fiscal year ends on December 31st. Their business and mailing address is 11766 Wilshire Blvd., Suite 1670, Los Angeles, CA 90025.

Why It Matters

This filing indicates that Pacific Oak Strategic Opportunity REIT, Inc. is providing further information to shareholders, likely related to upcoming voting matters or corporate actions that require shareholder approval.

Risk Assessment

Risk Level: low — This filing is a routine proxy statement update and does not inherently indicate new risks or significant changes in the company's financial health.

Key Players & Entities

• Pacific Oak Strategic Opportunity REIT, Inc. (company) — Registrant
• KBS Strategic Opportunity REIT, Inc. (company) — Former company name
• 11766 Wilshire Blvd., Suite 1670, Los Angeles, CA 90025 (location) — Business and mailing address

FAQ

Filing Documents

• proxystatementdefa14a-addi.htm (DEFA14A) — 11KB
• image.jpg (GRAPHIC) — 18KB
• 0001452936-24-000087.txt ( ) — 37KB

From the Filing

Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 14A (RULE 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 PACIFIC OAK STRATEGIC OPPORTUNITY REIT, INC. (Name of Registrant as Specified in its Charter) Payment of Filing Fee (Check the appropriate box) No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 011. The following email was sent to broker-dealers that represents the stockholders of Pacific Oak Strategic Opportunity REIT, Inc. ("REIT" or "Pacific Oak Strategic Opportunity REIT") on July 24, 2024. "As you may be aware, Pacific Oak Strategic Opportunity REIT held its annual stockholder meeting on July 12 th . During this meeting the board of directors was reelected and the auditor (Ernst Young) was ratified as the independent accounting firm for 2024. However, proposals 3a, 3b and 3c, to amend the REIT's charter did not receive enough votes to pass and the meeting has been adjourned to August 21 st to allow additional votes to be cast on the proposed charter amendments. The board has unanimously recommended a vote "FOR" the three adjourned proposals to amend the charter. The charter amendments remove provisions that are not typically set forth in the charters of listed REITs. The current REIT charter may prevent the REIT from pursuing opportunities deemed to be advantageous or impose obligations that could add to its costs or prevent the REIT from responding quickly to such opportunities. Also, when market conditions improve, the board of directors intends to explore various strategic alternatives ultimately designed to provide more liquidity for stockholders, including but not limited to an eventual public listing. Please see SEC Link for more complete information. As a representative with clients who have unvoted shares, we encourage you to review these proposals, discuss them with your clients and encourage your clients to vote. Voting can be conducted at www.proxypush.comsor or by calling 844-908-3304 Monday through Friday between 900 am and 600 pm Eastern time. If you would like a list of your unvoted clients or have any questions regarding the proxy, you may call the Pacific Oak Capital Markets Sales Desk at 866-722-6257. BROKER DEALER USE ONLY"

View Full Filing

View this DEFA14A filing on SEC EDGAR