MCB Acquisitions Manager LLC Amends Whitestone REIT Filing
Ticker: WSR · Form: SC 13D/A · Filed: Nov 18, 2024 · CIK: 1175535
| Field | Detail |
|---|---|
| Company | Whitestone Reit (WSR) |
| Form Type | SC 13D/A |
| Filed Date | Nov 18, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, real-estate
Related Tickers: WTRG
TL;DR
MCB & Bramble updated their Whitestone REIT filing - ownership changes incoming?
AI Summary
On November 18, 2024, MCB Acquisitions Manager LLC, along with P. David Bramble, filed an amendment (Amendment No. 2) to their Schedule 13D for Whitestone REIT. This filing indicates a change in beneficial ownership, though specific new holdings or changes in percentage are not detailed in this excerpt. The filing relates to Whitestone REIT's common shares of beneficial interest.
Why It Matters
This amendment signals potential shifts in significant ownership stakes, which could influence Whitestone REIT's stock performance and strategic direction.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D often precede significant corporate actions or shifts in control, introducing uncertainty.
Key Numbers
- 20241118 — Filing Date (Date of the Schedule 13D/A amendment)
Key Players & Entities
- MCB Acquisitions Manager LLC (company) — Filer of the Schedule 13D amendment
- P. David Bramble (person) — Associated person with MCB Acquisitions Manager LLC
- Whitestone REIT (company) — Subject company of the filing
- 2002 Clipper Park Rd. Suite 105 Baltimore, MD 21211 (address) — Address associated with P. David Bramble
- 713-827-9595 (phone) — Business phone number for Whitestone REIT
- 410-662-0105 (phone) — Business phone number for MCB PR Capital LLC
FAQ
What specific changes in beneficial ownership are detailed in this amendment?
This excerpt does not specify the exact changes in beneficial ownership, only that an amendment (Amendment No. 2) was filed on November 18, 2024.
Who are the primary filers of this Schedule 13D/A?
The primary filers are MCB Acquisitions Manager LLC and P. David Bramble.
What is the CUSIP number for Whitestone REIT's common shares?
The CUSIP number for Whitestone REIT's Common Shares of Beneficial Interest is 966084204.
What is the business address of Whitestone REIT?
Whitestone REIT's business address is 2600 South Gessner Street, Suite 500, Houston, TX 77063.
What was the former name of Whitestone REIT?
Whitestone REIT was formerly known as Hartman Commercial Properties REIT, with a name change date of June 13, 2002.
Filing Stats: 1,416 words · 6 min read · ~5 pages · Grade level 14.6 · Accepted 2024-11-18 16:32:41
Key Financial Figures
- $0.001 — Common Shares of Beneficial Interest, $0.001 par value per share (Title of Class o
Filing Documents
- tm2428769d1_sc13da.htm (SC 13D/A) — 48KB
- tm2428769d1_ex7-03.htm (EX-7.03) — 12KB
- tm2428769d1_ex7-02img001.jpg (GRAPHIC) — 7KB
- 0001104659-24-120163.txt ( ) — 71KB
of the Schedule 13D is hereby amended to add the following
Item 4 of the Schedule 13D is hereby amended to add the following: Over a month following delivery of the Revised Proposal to the Board of Trustees of the Issuer (the “ Board ”), the Board has continued both to rebuff discussions with MCB regarding a potential transaction and to decline to commence any strategic alternatives process more broadly. Faced with the Board’s ongoing refusal to consider all opportunities to maximize value for the Issuer’s shareholders, on November 18, 2024, MCB delivered to the Board a letter (the “ November 18 Letter ”) notifying the Board that MCB was withdrawing the Revised Proposal, effective immediately. In the November 18 Letter, MCB informed the Board that it will continue to consider all options available to MCB and other shareholders of the Issuer to ensure that the Board upholds its responsibilities. The foregoing description of the November 18 Letter does not purport to be complete and is qualified in its entirety by reference to the full text of the November 18 Letter , which is attached hereto as Exhibit 7.03, and is incorporated herein by reference. Item 7. Materials to be Filed as Exhibits
of the Schedule 13D is
Item 7 of the Schedule 13D is hereby amended to add the following: Exhibit 7.03 Letter from MCB to the Board of Trustees of the Issuer, dated as of November 18, 2024
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: November 18, 2024 /s/ P. David Bramble David Bramble, Individually, and On behalf of MCB Acquisitions Manager LLC, as the sole member of MCB Acquisitions Manager LLC On behalf of MCB PR Capital LLC, as the sole manager of MCB PR Capital LLC