Item 7.01 Regulation FD Disclosure.
On January 21, 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 Other Events.
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 12, 2020 (the "Rights
Offering"). Pursuant to the Rights Offering, the closing on the Rights Offering
is scheduled for January 22, 2021. Power REIT, however, has the ability to
extend the closing date up to a total of 14 days and has determined to extend
the closing date to January 29, 2021.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Description of Exhibit
99.1 Power REIT Press Release issued on January 21, 2021
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