Summary
Prologis, Inc. (PLD) filed an 8-K on August 10, 2011, to furnish investors with unaudited financial and operating data as of June 30, 2011. This data reflects the impact of recent significant transactions, including a merger, the PEPR acquisition, and a stock offering. The company explicitly states that this information is furnished, not filed, and is presented to address investor inquiries. It's crucial for investors to understand that the provided data has not been prepared according to SEC rules for pro forma financial information and contains non-GAAP measures. Therefore, it should be used cautiously and in conjunction with comparable GAAP measures, as it is not intended as a predictor of future performance and will not be updated.
Key Highlights
- 1Furnishing of unaudited financial and operating data as of June 30, 2011, to provide clarity to investors.
- 2Data reflects the combined impact of a recent merger, the PEPR acquisition, and a stock offering.
- 3Information is presented to address specific investor questions regarding the company's financial position post-transactions.
- 4Crucial disclaimer: The furnished data is non-GAAP and not prepared according to SEC pro forma rules.
- 5Investors are cautioned against relying solely on this data for performance prediction.
- 6The company does not intend to update this furnished information.
- 7This 8-K filing is informational and does not incorporate the data into future SEC filings unless explicitly stated.
Frequently Asked Questions
The primary purpose of this 8-K filing is to furnish investors with unaudited financial and operating data as of June 30, 2011. This data provides insights into Prologis's financial position following recent significant transactions, including a merger, the PEPR acquisition, and a stock offering.
The provided financial and operating data is unaudited and has not been prepared in accordance with SEC rules for pro forma financial information. It contains non-GAAP financial information and should only be read in conjunction with the most directly comparable GAAP measures. The company cautions investors not to rely on this data as a predictor of past or future performance.
No, Prologis, Inc. explicitly states that they do not intend to update this furnished data. Investors should consider this a one-time supplemental disclosure.
The information in this 8-K and its exhibits is being 'furnished' rather than 'filed'. This means it is provided for informational purposes and, unless specifically incorporated by reference in a future filing, will not be subject to the liabilities associated with Section 18 of the Securities Exchange Act of 1934, nor will it automatically become part of SEC filings.