Landmark Infrastructure Partners LP (NASDAQ:LMRK) Files An 8-K Other Events
Item 8.01 Other Events
Landmark Infrastructure Partners LP (the Partnership) issued a
press release announcing that it will hold a special meeting of
unitholders on July 20, 2017, and has established a record date
of May 23, 2017 for the meeting.At the special meeting, common
and subordinated unitholders will vote on an amendment to the
Partnerships partnership agreement, which will impose certain
ownership limitations and transfer restrictions on interests in
the Partnership, and amend certain provisions of the partnership
agreement providing for the allocation of income, gain, loss and
deduction.The amendment is necessary to help facilitate the
previously announced plan to reorganize the Partnerships
operating structure by moving substantially all of its operating
assets to a controlled subsidiary that qualifies as a real estate
investment trust, or REIT.A copy of the press release is attached
as Exhibit 99.1 and is incorporated by reference.
Forward-Looking Statements
This communication contains certain forward-looking statements
within the meaning of the federal securities laws.Statements that
do not relate strictly to historical or current facts are
forward-looking.These statements may contain words such as
possible, if, will, expect and assuming and involve risks and
uncertainties including, among others that our business plans may
change as circumstances warrant.Accordingly, readers should not
place undue reliance on forward-looking statements as a
prediction of actual results.These risks and uncertainties
include the risks that the proposed change in legal structure may
not be consummated or the benefits contemplated therefrom may not
be realized. Additional risks include the ability to obtain
requisite regulatory and unitholder approval and the satisfaction
of the other conditions to the consummation of the proposed
change in structure.Actual results and outcomes may differ
materially from those expressed in such forward-looking
statements.Any forward-looking statements in this communication
are made as of the date of this communication and the Partnership
undertakes no obligation to update or revise such forward-looking
statements to reflect events or circumstances that occur, or of
which the Partnership becomes aware, after the date hereof,
unless required by law.When considering these forward-looking
statements, you should keep in mind the risk factors and other
cautionary statements contained in the Partnerships filings with
the Securities and Exchange Commission (SEC), including the
Partnerships annual report on Form 10-K for the year ended
December 31, 2016.These risks could cause the Partnerships actual
results to differ materially from those contained in any
forward-looking statement.
Additional Information and Where to Find It
This communication contains information about the proposed
changes to the Partnerships legal structure.This communication
does not constitute a solicitation of any vote or approval.In
connection with the proposed legal structure change plan, the
Partnership filed with the SEC a preliminary proxy statement on
April 25, 2017, and will mail the final proxy statement to its
unitholders.Investors and unitholders are urged to read the proxy
statement and other relevant documents filed or to be filed with
the SEC carefully as they contain important information about the
Partnership and proposed changes to its legal structure and
related matters.Investors and unitholders may obtain free copies
of the proxy statement and other documents filed with the SEC by
the Partnership through the website maintained by the SEC at
www.sec.gov.In addition, investors and unitholders may obtain
free copies of documents filed by the Partnership with the SEC
from the Partnership by directing a request to Investor
Relations, (213) 788-4528.
Participation in the Solicitation of Votes
The Partnership, and the directors and officers of its general
partner, may be deemed to be participants in the solicitation of
proxies from the Partnerships unitholders in connection with the
proposal to amend its limited partnership agreement.Information
about the directors and executive officers of the Partnerships
general partner and their ownership of partnership interests will
be set forth in the proxy statement discussed above.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit |
|
Number |
Description |
99.1 |
Press Release, dated as of May 17, 2017 |
About Landmark Infrastructure Partners LP (NASDAQ:LMRK)
Landmark Infrastructure Partners LP is engaged in acquiring, owning and managing a portfolio of real property interests. The Company leases its properties to companies in the wireless communication, outdoor advertising and renewable power generation industries. Its segments include Wireless Communication, Outdoor Advertising, Renewable Power Generation and Corporate. The Wireless Communication segment consists of leasing real property interests to companies in the wireless communication industry in the United States. The Outdoor Advertising segment consists of leasing real property interests to companies in the outdoor advertising industry in the United States. The Renewable Power Generation segment consists of leasing real property interests to companies in the renewable power industry in the United States. Its property interests underlie its tenants’ infrastructure assets, including freestanding cellular towers and rooftop wireless sites, billboards, wind turbines and solar arrays. Landmark Infrastructure Partners LP (NASDAQ:LMRK) Recent Trading Information
Landmark Infrastructure Partners LP (NASDAQ:LMRK) closed its last trading session down -0.15 at 15.35 with 54,496 shares trading hands.