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National Healthcare Properties to convert Class A stock on Oct. 19

National Healthcare Properties will automatically convert all Class A common stock into common stock on a one-for-one basis on Oct. 19, 2026.

By Fiona McAllister, Global Markets EditorPipDig Newsroomอ่านฉบับภาษาไทย
  • All outstanding Class A common stock will convert automatically and without shareholder action.
  • Trading in common stock on the Nasdaq Global Market starts at 9:30 a.m. Eastern on Oct. 19, 2026.
  • The conversion will not affect economic rights or the company’s operations.

National Healthcare Properties said all outstanding shares of its Class A common stock will automatically convert into common stock on a one-for-one basis. The change takes effect when common stock begins trading on the Nasdaq Global Market at 9:30 a.m. Eastern time on Oct. 19, 2026.

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National Healthcare Properties to convert Class A stock on Oct. 19

The company said the conversion will happen without any action from shareholders under its charter documents, as amended or supplemented. It said the common stock carries the same preferences, rights, voting powers, dividend terms and redemption terms as the Class A shares.

Cash will be paid instead of any fractional shares of Class A common stock. The company said no shares of Class A common stock will remain issued or outstanding once the conversion happens.

National Healthcare Properties said the conversion will have no effect on the economic rights of holders of Class A common stock or on the company’s operations. The common stock will have a new CUSIP of 42226B600.

Source: GlobeNewswire,