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 legacy Form S-3 registration statements following the completion of a two-step merger that extinguished LXP Industrial Trust as a standalone entity.

Key Highlights

  • Eleven registration statements deregistered: The filing covers registration numbers ranging from No. 333-03688 (originally filed April 16, 1996) through No. 333-157860 (filed March 11, 2009).
  • Merger completed November 2, 2026: LXP Industrial Trust merged with and into Leopard Merger Sub LLC, with Leopard Merger Sub LLC as the Initial Surviving Entity, pursuant to a Merger Agreement dated July 19, 2026.
  • Two-step merger structure: Following 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, which became the Surviving Entity.
  • Parent became sole member: According to the filing, as a result of the Mergers, Leopard REIT LLC became the sole member of the Surviving Entity, Leopard Intermediate LLC.
  • Offerings terminated: The filing states that "in connection with the closing of the Mergers, the offerings pursuant to the Registration Statements have been terminated."
  • Signed in Atlanta, Georgia: The Post-Effective Amendment was executed on November 2, 2026, by Gautam Huded, Executive Vice President of Leopard Intermediate LLC.

LXP Industrial Trust Concludes Merger Process, Terminating All Legacy Offering Registrations

LXP Industrial Trust, a Maryland real estate investment trust formerly known as Lexington Realty Trust and, prior thereto, Lexington Corporate Properties Trust, completed its merger process on November 2, 2026. According to the filing, the company merged with and into Leopard Merger Sub LLC, a Maryland limited liability company and wholly owned indirect subsidiary of Leopard REIT LLC, under the terms of a Merger Agreement dated July 19, 2026. That initial step left Leopard Merger Sub LLC as the Initial Surviving Entity.

On the same date, also according to the filing, 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 became the Surviving Entity, and Leopard REIT LLC became its sole member. The registrant in the Post-Effective Amendment is identified as Leopard Intermediate LLC, acting as successor by merger to LXP Industrial Trust, with its principal executive offices listed at 225 Liberty St, FL 8, New York, NY 10281-1048.

The Post-Effective Amendment addresses eleven Form S-3 registration statements spanning nearly three decades of securities offerings, the earliest originally filed on April 16, 1996. The filing states that undertakings made by the registrant in those registration statements required the removal of any securities registered but unsold at the termination of the offerings. In accordance with those undertakings, the filing removes from registration all securities that were registered but unsold under each of the eleven registration statements as of November 2, 2026.

What Was Disclosed

The Post-Effective Amendment, filed November 2, 2026, confirms the completion of a two-step merger that converted LXP Industrial Trust into Leopard Intermediate LLC and formally deregistered all unsold securities across eleven legacy S-3 registration statements, the oldest dating to 1996.