Modiv Industrial stockholders approved the proposed merger with GNL Motion Merger Sub at a special meeting. The merger proposal, along with a non-binding advisory vote on executive compensation and an adjournment proposal, all received preliminary approval. The merger required approval by a majority of outstanding common shares, and the adjournment proposal was not needed because the merger itself passed. Final vote totals will be filed in the meeting minutes and disclosed in a Form 8-K submitted to the SEC.
Modiv IncStockholders approved merger with GNL Motion Merger Sub.
Global Net Lease, Inc.