VICI Properties Inc.
Extract: Charter Amendment (Plain English Desc) from a 8-K on 09/14/2021   Download
SEC Document
SEC Filing
Effective September 10, 2021, the Company amended its Articles of Amendment and Restatement to increase: (i) the number of shares of stock that the Company is authorized to issue from 1,000,000,000 to 1,400,000,000; (ii) the number of shares of common stock, par value $0.01 per share, that the Company is authorized to issue from 950,000,000 to 1,350,000,000; and (iii) the aggregate par value of all authorized shares of stock of the Company having par value from $10,000,000 to $14,000,000 (collectively, the “Authorized Share Capital Increase”). The Company completed the Authorized Share Capital Increase in order to have sufficient authorized shares to complete the previously announced merger with MGM Growth Properties LLC, which remains subject to customary closing conditions, regulatory approvals and approval by the stockholders of the Company.