What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to provide investors with the unaudited financial statements of Duke Realty, which Prologis is acquiring, and to present unaudited pro forma condensed combined financial statements showing a hypothetical combined financial picture of Prologis and Duke Realty.

Are the pro forma financial statements presented in this filing the actual results of the combined company?

No, the unaudited pro forma condensed combined financial statements are not necessarily indicative of the financial position or operating results that would have actually existed or been achieved if the merger had been completed at the indicated dates or for the periods shown. They are illustrative and should be read alongside the historical financial statements of both companies.

Where can I find the detailed financial information for Duke Realty?

The unaudited consolidated financial statements of Duke Realty and its operating partnership as of September 30, 2022, and for the nine months ended September 30, 2022, are included as Exhibit 99.1 to this Form 8-K.

What is the significance of these financial statements for investors?

These financial statements are significant for investors as they provide transparency into the historical financial performance of Duke Realty and a projected view of the combined entity's financial standing, aiding in the assessment of the Prologis-Duke Realty acquisition's potential impact.

PLD/PLDGP 8-K SEC Disclosure

Summary

Prologis, Inc. (PLD) has filed a Current Report on Form 8-K to provide crucial financial information related to its acquisition of Duke Realty. This filing includes the unaudited consolidated financial statements for Duke Realty and its operating partnership as of and for the nine months ended September 30, 2022. Additionally, it incorporates by reference the unaudited pro forma condensed combined financial statements for Prologis and Duke Realty, presenting a combined view as of September 30, 2022, and for the periods ending December 31, 2021, and September 30, 2022. Investors should note that these pro forma statements are illustrative and not necessarily indicative of the actual financial results that would have been achieved post-merger. The primary purpose of this filing is to furnish investors with the necessary historical financial data of the acquired entity (Duke Realty) and to present a hypothetical combined financial picture. This allows stakeholders to better assess the financial implications and potential synergies of the Prologis-Duke Realty transaction. Investors are encouraged to review these statements in conjunction with the historical financials of both Prologis and Duke Realty for a comprehensive understanding of the combined entity's financial position and future prospects.

Key Highlights

1Filing provides unaudited consolidated financial statements for Duke Realty as of and for the nine months ended September 30, 2022.
2Includes unaudited pro forma condensed combined financial statements for Prologis and Duke Realty.
3Pro forma statements cover the balance sheet as of September 30, 2022, and income statements for the year ended December 31, 2021, and the nine months ended September 30, 2022.
4These pro forma statements are presented for illustrative purposes and are not necessarily indicative of actual future financial results.
5Investors should read the pro forma statements in conjunction with the historical financial statements of both Prologis and Duke Realty.
6The filing is part of the ongoing disclosure process related to Prologis's acquisition of Duke Realty.

Prologis, Inc. 8-K Report, Corporate Update (Jan 6, 2023)

Summary

Key Highlights

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