Silver Star Properties REIT, Inc.
Extract: Update, Poison Pill Activity: Other Announcements from a 8-K on 02/05/2024   Download
SEC Document
SEC Filing

In two filings in the Circuit Court for Baltimore City, Maryland dated January 30, 2024, Allen Hartman and Hartman vREIT XXI, Inc. (together, “Hartman”) have asserted legal challenges to Silver Star Properties REIT, Inc.’s (the “Company”) previously disclosed Rights Agreement, dated as of August 18, 2023 (the “Rights Agreement”), and seek declaratory and injunctive relief that would prevent the Rights Agreement from operating in accordance with its terms. The Company believes Hartman’s claims are meritless and intends to vigorously defend itself against them.