Item 2.01. Completion of Acquisition or Disposition of Assets.
On August 11, 2021, CatchMark Timber Trust, Inc. (the "Company"), through a
subsidiary, closed on the disposition of 18,063 acres of Oregon timberlands (the
"Bandon Property") to Roseburg Resources Co., an unaffiliated third party. The
gross sales price was $100.0 million in cash, exclusive of customary
transactions costs. The Company has included in this Current Report on Form 8-K
certain pro forma financial information related to its disposition of the Bandon
Property as required by Item 9.01(b) of Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(b) Pro forma financial information
Unaudited Pro Forma Consolidated Balance Sheet as of June 30, 2021
Unaudited Pro Forma Consolidated Statement of Operations for the six months
ended June 30, 2021
Unaudited Pro Forma Consolidated Statement of Operations for the year ended
December 31, 2020
Notes to Unaudited Pro Forma Consolidated Financial Statements
The unaudited pro forma consolidated financial statements listed above are filed
as Exhibit 99.1 to this report.
(d) Exhibits.
Exhibit No. Exhibit Description
99.1 CatchMark Pro Forma Financial Statements - Bandon Disposition
104 Cover Page Interactive Data File (embedded within the Inline XBRL
Document)
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses