Power REIT filed a Form 8-K on October 28, 2026, disclosing that its 2026 Annual Meeting of Shareholders, convened on October 27, 2026, was adjourned to November 10, 2026, after the Trust had not received sufficient votes to approve Proposal 3.

Key Highlights

  • Meeting adjourned: The 2026 Annual Meeting was convened on October 27, 2026, but adjourned with respect to all proposals due to insufficient votes for Proposal 3.
  • New meeting date: The adjourned meeting is scheduled for November 10, 2026, at 10:30 a.m. Eastern time at 477 Madison Avenue, New York, New York 10022.
  • Proposal 3 threshold: Proposal 3 requires the affirmative vote of a majority of the Common Shares outstanding as of the record date.
  • Record date unchanged: The record date for the Annual Meeting remains September 11, 2026.
  • No votes taken: No votes were taken on any proposal at the October 27, 2026 session.
  • Prior proxies remain valid: Proxies previously submitted will remain valid and will be voted at the adjourned meeting unless revoked.
  • Further adjournment possible: According to the filing, if sufficient votes have not been received by the time of the adjourned meeting, the Annual Meeting may be adjourned again.

Power REIT Annual Meeting Adjourned After Insufficient Votes for Proposal 3

Power REIT (NYSE American:PW), a Maryland-chartered trust headquartered at 301 Winding Road, Old Bethpage, NY 11804, filed a current report disclosing that its 2026 Annual Meeting of Shareholders was adjourned on October 27, 2026. According to the filing, a quorum was present at the meeting, but the Trust "had not received sufficient votes to approve Proposal 3, which requires the affirmative vote of a majority of the Common Shares outstanding as of the record date of September 11, 2026."

The filing states that the chairman of the meeting adjourned the Annual Meeting, with respect to all proposals, to November 10, 2026 at 10:30 a.m. Eastern time at 477 Madison Avenue, New York, New York 10022. The Trust noted that no votes were taken on any proposal at the October 27, 2026 session. Shareholders who have already voted need not vote again, and any previously submitted proxies will remain valid unless revoked before the adjourned meeting.

On October 28, 2026, the Trust issued a press release regarding the adjournment, attached as Exhibit 99.1 to the report. The filing includes forward-looking statements concerning the timing of the adjourned meeting and the possibility of further adjournment, which the Trust stated "are subject to risks and uncertainties," including the risk that sufficient votes are not received by the adjourned meeting date. The Trust referenced its proxy statement dated September 16, 2026, and its Annual Report on Form 10-K as sources of additional risk disclosures. The report was signed by David H. Lesser, Chairman and Chief Executive Officer.

What Was Disclosed

Power REIT disclosed via an 8-K filed October 28, 2026, that its 2026 Annual Meeting was adjourned to November 10, 2026, because the Trust had not received enough votes to approve Proposal 3, which requires majority approval of outstanding Common Shares.