8-K/AExhibits & Filings

REALTY INCOME CORP 8-K/A Report, Exhibit Filing (Feb 16, 2024)

Filed February 16, 2024For Securities:O

Summary

This 8-K/A filing from Realty Income Corporation (O) primarily serves as an amendment to a previous filing, specifically addressing Item 9.01 concerning Financial Statements and Exhibits. The core of this amendment is the provision of unaudited pro forma condensed combined financial information. This includes a balance sheet as of September 30, 2023, and statements of operations for the nine months ended September 30, 2023, and the full year ended December 31, 2022. These pro forma statements are crucial as they give effect to the recently completed Merger (presumably with Spirit). Investors should note that while historical financial statements of Spirit are incorporated by reference from a prior filing, the key new information here is the combined financial picture that includes the impact of the merger. This is essential for understanding Realty Income's current financial position and its expected performance going forward following the integration of the acquired entity.

Key Highlights

  • 1Amendment to Item 9.01 of a prior Form 8-K filing.
  • 2Provides unaudited pro forma condensed combined financial statements.
  • 3Includes pro forma balance sheet as of September 30, 2023.
  • 4Includes pro forma statements of operations for the nine months ended September 30, 2023.
  • 5Includes pro forma statements of operations for the year ended December 31, 2022.
  • 6Pro forma financials give effect to the Merger (presumably with Spirit).
  • 7Incorporates by reference historical financial statements of Spirit from a prior filing.

Frequently Asked Questions

The main purpose of this filing is to amend Item 9.01 of a previous 8-K to provide unaudited pro forma condensed combined financial statements that reflect the impact of the Merger.

The filing includes an unaudited pro forma condensed combined balance sheet as of September 30, 2023, and unaudited pro forma condensed combined statements of operations for the nine-month period ended September 30, 2023, and for the full year ended December 31, 2022.

The audited and unaudited consolidated financial statements of Spirit for various periods are incorporated by reference to Exhibits 99.1 and 99.2 of Realty Income's Form 8-K filed on November 27, 2023.

Pro forma financial statements are important because they present a hypothetical combined financial picture, giving effect to significant events like mergers. For investors, this helps in understanding the potential combined entity's financial health and performance post-transaction, offering a clearer view than looking at individual company financials alone.