Orion Properties Announces that Director Nomination Notice from Kawa is Invalid
Orion Office REIT Inc. (ONL)
Company Research
Source: Business Wire
No Stockholder Action is Required at this Time PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) today announced that the notice submitted by The Kawa Fund Limited (together with its affiliates, “Kawa”), which purported to nominate five candidates to stand for election to Orion’s Board of Directors at the Company’s 2026 annual meeting, is invalid.Orion’s Board of Directors reviewed Kawa’s notice and has unanimously determined that the submission did not meet several requirements set forth in Orion’s bylaws, including the requirement that Kawa be a record holder of the Company’s common stock.The Board made the following statement:“Orion’s bylaws provide a clear procedure for investors to nominate candidates for election to Orion’s Board of Directors. Kawa, however, failed to provide proof that they are an eligible stockholder. In addition, Kawa’s nomination notice does not comply with several other requirements of Orion’s bylaws, including a lack
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- Orion Properties: About That Going Concern Statement [Seeking Alpha]Seeking Alpha
- Orion Properties Announces that Director Nomination Notice from Kawa is Invalid [Yahoo! Finance]Yahoo! Finance
- Orion Properties Confirms Receipt of Director Nominees [Yahoo! Finance]Yahoo! Finance
- Orion Properties Confirms Receipt of Director NomineesBusiness Wire
- Orion Properties: The 'Going Concern' Warning Just Became Impossible To Overlook [Seeking Alpha]Seeking Alpha
ONL
Sec Filings
- 12/1/25 - Form EFFECT
- 11/18/25 - Form SCHEDULE
- 11/10/25 - Form 8-K
- ONL's page on the SEC website