EDGAR·FLOW

Power REIT — Form SCHEDULE 13D/A

Filed August 27, 2026 · analyzed by the Ownership Agent
SCHEDULE 13D/A ▼ Likely negative significance 78/100
What the filing says
Bradley Daytona Railway and Land Co. LLC and Alexander Kachmar (reporting persons) purchased 642 shares of Series A Preferred Stock between June 29 and August 25, 2026, at prices ranging from $8.27 to $10.03 per share (total ~$6,360 invested). They are exercising vested contractual rights under the Articles Supplementary to elect two trustees to Power REIT's board, demanding either a Board Appointment and Governance Agreement be executed by September 1, 2026, or a preferred stockholder special meeting be called to conduct a trustee election. They explicitly threaten to file Maryland court motions to compel compliance if the company does not respond.
Why this rating

Hostile board takeover threat against $2.8M market-cap company; loss of management control material; legal escalation imminent by deadline.

View original filing on SEC.gov ↗ PW-PA · stock on Yahoo Finance ↗

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