Summary
Welltower Inc. (WELL) filed an 8-K on May 11, 2022, to furnish an updated business update presentation from May 10, 2022. This presentation provided an update following the company's previously disclosed merger. The merger, which became effective on April 1, 2022, involved the former Welltower Inc. (Old Welltower) merging with a subsidiary (Merger Sub), with Old Welltower continuing as a subsidiary and its name changing to Welltower OP Inc. The surviving entity, New Welltower, inherited the name "Welltower Inc.". Importantly, financial results for periods prior to the merger's effectiveness belong to Welltower OP Inc. (the predecessor), not the current "Welltower Inc.".
Key Highlights
- 1Furnished updated business update presentation on May 10, 2022.
- 2The presentation updates information from a prior update on April 21, 2022.
- 3A merger transaction was completed effective April 1, 2022.
- 4The former Welltower Inc. (Old Welltower) merged with a subsidiary (Merger Sub).
- 5Old Welltower now operates as Welltower OP Inc., a subsidiary of the new Welltower Inc.
- 6The new entity, WELL Merger Holdco Inc., now operates under the name Welltower Inc.
- 7Financial results before April 1, 2022, are attributed to the predecessor entity, Welltower OP Inc.
Frequently Asked Questions
The primary purpose of this 8-K filing is to furnish an updated business update presentation from May 10, 2022, which provides new information following the company's recent merger.
Effective April 1, 2022, the former Welltower Inc. (Old Welltower) merged with a subsidiary, with Old Welltower continuing as a subsidiary named Welltower OP Inc. The entity formerly known as WELL Merger Holdco Inc. now operates under the name Welltower Inc.
Financial results for periods prior to the merger's effectiveness on April 1, 2022, relate to the predecessor entity, Welltower OP Inc., not the current Welltower Inc.