Leopard Intermediate LLC, as successor by merger to LXP Industrial Trust, filed a Post-Effective Amendment (POS AM) on November 2, 2026, to deregister all unsold or unissued securities across eleven Form S-3 registration statements, following the completion of a two-step merger that extinguished the former Maryland real estate investment trust.

Key Highlights

  • Eleven registrations closed: The filing covers Registration Statements numbered 333-157860, 333-157859, 333-157858, 333-157857, 333-121708, 333-109393, 333-105977, 333-103140, 333-71998, 333-49351, and 333-03688.
  • Merger completed November 2, 2026: LXP Industrial Trust merged with and into Leopard Merger Sub LLC under an Agreement and Plan of Merger dated July 19, 2026.
  • Second merger same day: The Initial Surviving Entity subsequently merged with and into Leopard Intermediate LLC, a Delaware limited liability company and wholly owned subsidiary of Parent, on November 2, 2026.
  • Parent became sole member: As a result of the two mergers, Leopard REIT LLC became the sole member of Leopard Intermediate LLC, the Surviving Entity.
  • Oldest registration dated 1996: Registration Statement No. 333-03688 was originally filed on April 16, 1996, making it among the earliest securities registrations being terminated.
  • Signed in Atlanta: The Post-Effective Amendment was executed in Atlanta, Georgia, by Gautam Huded, Executive Vice President of Leopard Intermediate LLC.

How the Two-Step Merger Ended LXP Industrial Trust's Registered Offerings

According to the filing, LXP Industrial Trust - a Maryland real estate investment trust formerly known as Lexington Realty Trust and, prior thereto, Lexington Corporate Properties Trust - completed a merger on November 2, 2026, pursuant to an Agreement and Plan of Merger dated July 19, 2026. Under that agreement, the Registrant merged with and into Leopard Merger Sub LLC, a Maryland limited liability company and wholly owned indirect subsidiary of Leopard REIT LLC, with Leopard Merger Sub LLC serving as the Initial Surviving Entity.

The filing further discloses that, also on November 2, 2026 and following the effective time of the first merger, the Initial Surviving Entity merged with and into Leopard Intermediate LLC, a Delaware limited liability company and wholly owned subsidiary of Leopard REIT LLC. Leopard Intermediate LLC is identified as the Surviving Entity, and the filing states that Parent became its sole member as a result of the combined transactions. The two-step structure effectively converted the formerly publicly registered Maryland REIT into a wholly owned subsidiary of a private parent entity.

The Post-Effective Amendment states that, "in connection with the closing of the Mergers, the offerings pursuant to the Registration Statements have been terminated." In accordance with undertakings made by the Registrant in each of the eleven registration statements, the filing removes from registration all securities that were registered but unsold or otherwise unissued as of November 2, 2026. The affected registration statements span filings dating from April 1996 through March 2009, reflecting the company's long history of capital markets activity under its prior corporate names.

What Was Disclosed

LXP Industrial Trust filed a Post-Effective Amendment on November 2, 2026, to terminate and deregister all unsold securities under eleven Form S-3 registration statements, following a completed two-step merger that resulted in Leopard Intermediate LLC becoming the surviving entity under sole ownership of Leopard REIT LLC.