Power REIT Files 2024 Proxy Statement

TL;DR

PW proxy statement out for 2024 annual meeting. Vote your shares!

AI Summary

Power REIT (PW) filed its definitive proxy statement for the 2024 Annual Meeting of Shareholders, scheduled for August 27, 2024. The filing, located at 301 Winding Road, Old Bethpage, NY 11804, details the company's operations as a Real Estate Investment Trust. Shareholders will receive materials related to the meeting.

Why It Matters

This filing provides shareholders with crucial information regarding the upcoming annual meeting, including voting matters and company governance, allowing them to make informed decisions.

Risk Assessment

Risk Level: low — This is a routine proxy filing providing information to shareholders and does not inherently introduce new risks.

Key Players & Entities

• Power REIT (company) — Registrant
• 301 Winding Road, Old Bethpage, NY 11804 (location) — Company Address
• August 27, 2024 (date) — Annual Meeting Date

FAQ

Key Financial Figures

• $0.001 — quo;) of shares of beneficial interest, $0.001 par value (“common shares”
• $30 million — e transaction involved an investment of $30 million of cash, the merger of a property manag
• $1.4 b — in 2004 for a total enterprise value of $1.4 billion, delivering a compound annual sha
• $2.0 billion — ket research and due diligence for over $2.0 billion in potential real estate acquisitions a
• $18 billion — ble for the management of approximately $18 billion in real estate assets globally. Mr. Hay

Filing Documents

• formdef14a.htm (DEF 14A) — 302KB
• formdef14a_001.jpg (GRAPHIC) — 52KB
• formdef14a_002.jpg (GRAPHIC) — 43KB
• proxy_001.jpg (GRAPHIC) — 220KB
• proxy_002.jpg (GRAPHIC) — 292KB
• image_001.jpg (GRAPHIC) — 3KB
• 0001493152-24-034645.txt ( ) — 1144KB

From the Filing

DEF 14A 1 formdef14a.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy the Securities Exchange Act of 1934 (Amendment No. ) 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 under § 240.14a-12 Power REIT (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): 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 0-11. 301 Winding Road Old Bethpage, NY 11804 212-750-0371 www.pwreit.com August 27, 2024 Dear fellow shareholder: Attached please find materials related to the 2024 Annual Meeting of Shareholders of Power REIT. We have included with this letter a Proxy Statement that provides you with detailed information about the Annual Meeting. We encourage you to read the entire Proxy Statement carefully. You may also obtain more information about Power REIT from documents we have filed with the Securities and Exchange Commission. You are being asked at the Annual Meeting to elect Trustees named in the Proxy Statement, to ratify the retention of MaloneBailey, LLP as our independent registered public accounting firm, to approve, on an advisory basis, the compensation of our named executive officers and to transact any other business properly brought before the meeting. Your vote is important. We encourage you to vote your shares prior to the Annual Meeting. You may vote your shares through one of the methods described in the enclosed Proxy Statement. We strongly urge you to read the accompanying Proxy Statement carefully and to vote FOR the nominees proposed by the Board of Trustees and in accordance with the recommendations of the Board of Trustees on the other proposals by following the voting instructions contained in the Proxy Statement. On behalf of the Board of Trustees, we thank you for your ongoing support and investment in Power REIT. Very truly yours, /s/ David H. Lesser David H. Lesser Chairman of the Board of Trustees Power REIT 301 Winding Road Old Bethpage, NY 11804 NOTICE OF 2024 ANNUAL MEETING OF SHAREHOLDERS Thursday, September 26, 2024, 10:00 AM (local time) The 2024 annual meeting of holders (“shareholders”) of shares of beneficial interest, $0.001 par value (“common shares” or “common stock”) of Power REIT (the “Trust”) will be held on Thursday, September 26, 2024, at 10:00 AM (local time) at 301 Winding Road, Old Bethpage NY 11804 (the “2024 Annual Meeting”). The items of business are: (1) to elect the four nominees for trustees named in the accompanying proxy statement to the Trust’s Board of Trustees, each to serve until the next annual meeting of shareholders and until the successors to such trustees have been duly elected and qualified; (2) to ratify the appointment of MaloneBailey, LLP (“MaloneBailey”) as the Trust’s independent registered public accounting firm; (3) to approve, on an advisory basis, the compensation of our named executive officers, as disclosed in this proxy statement; (4) to transact such other business as may properly come before the meeting. These items are more fully described in the accompanying proxy statement. The Trust’s Annual Report on Form 10-K for the year ended December 31, 2023, which includes the Trust’s consolidated financial statements as of and for the year ended December 31, 2023, is available on our website, https://www.pwreit.com/news-and-sec-filings , and can be provided by mail upon request. Requests should be mailed to Power REIT, 301 Winding Road, Old Bethpage, NY 11804 or emailed to ir@pwreit.com. The Board of Trustees has fixed the close of business on August 26, 2024 as the record date for the determination of shareholders entitled to notice of and to vote at the 2024 Annual Meeting and any adjournments thereof. Shareholders of record can vote their common shares by using the Mail or Internet. Instructions for using these convenient services are set forth in the enclosed materials. You also may vote your common shares by marking your votes on the enclosed white proxy card, signing and dating it and mailing it in the enclosed envelope. A list of shareholders of record will be available for inspection at the 2024 Annual Meeting. Your vote is important. Please vote by using the Internet or by marking, signing, dating and returning the enclosed white proxy card. By order of the Board of Trustees /s/ David H. Lesser David H. Lesser Secretary August 27,

View Full Filing

View this DEF 14A filing on SEC EDGAR