Item 7.01 Regulation FD Disclosure.
On January 28, 2021, the Trust issued a press release regarding the extension of
time for the closing on the Rights Offering. A copy of the press release is
attached hereto as Exhibit 99.1. The information contained in Item 7.01 of this
report, including Exhibit 99.1, is being furnished and shall not be deemed
"filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, or otherwise subject to the liabilities of that section. Such
information shall not be incorporated by reference into any filing of the Trust,
whether made before or after the date hereof, regardless of any general
incorporation language in such filing.
Item 8.01 Extension of Closing Date for Rights Offering.
Pursuant to an S-11 Registration Statement filed with the Securities and
Exchange Commission which was declared effective on December 29, 2020, Power
REIT (the "Trust") has commenced a Rights Offering to sell up to 2,022,139 of
its Common Shares to shareholders of record on December 28, 2020 (the "Rights
Offering"). Pursuant to the Rights Offering, the closing on the Rights Offering
is currently scheduled for January 29, 2021. Power REIT, has decided to extend
the closing date to February 5, 2021 which is the last day that the closing date
can be extended pursuant to the terms of the Rights Offering.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Description of Exhibit
99.1 Power REIT Press Release issued on January 28, 2021
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