The company said it filed a description of certain material U.S. federal income tax considerations for its REIT taxation and the ownership and disposition of its shares as Exhibit 99.1, and that this description supersedes any conflicting prior descriptions.

1. 01

   The company said it filed a description of certain material U.S. federal income tax considerations for its REIT taxation and the ownership and disposition of its shares as Exhibit 99.1, and that this description supersedes any conflicting prior descriptions.

2. 02

   The company said the description in this Form 8-K supersedes and replaces in its entirety the information in its Form 8-K filed with the SEC on March 8, 2023 (including Exhibit 99.1).

3. 03

   The company said it has elected to be taxed as a REIT beginning with its taxable year ended December 31, 1994, and that REIT qualification depends on its ability to satisfy numerous asset, income, stock ownership and distribution tests.

4. 04

   The company said it must distribute at least 90% of its REIT taxable income each year (before the dividends-paid deduction and excluding net capital gain) to its stockholders, and that if it fails to meet certain distribution levels, it will pay a 4% nondeductible excise tax.

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Original filing

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