Equity Commonwealth
09/30/2025 | Press release | Distributed by Public on 09/30/2025 04:53
Material Event (Form 8-K)
Item 8.01. Other Events.
EQC Liquidating Trust ("EQC LT"), a Maryland common law trust and the successor to Equity Commonwealth ("EQC"), a Maryland real estate investment trust formerly traded on the New York Stock Exchange, completed its wind down and dissolved effective September 30, 2025.
On November 12, 2024, EQC's common shareholders approved its Plan of Sale and Dissolution (the "Plan of Sale"), including the wind down and liquidation of EQC. Following the approval, in connection with the Plan of Sale, EQC paid aggregate cash liquidating distributions to its common shareholders in the amount of $20.60, consisting of payments of $19.00 and $1.60 per share in December 2024 and April 2025, respectively.
On June 13, 2025, as contemplated by the Plan of Sale, EQC transferred its remaining assets and liabilities to EQC LT for the benefit of EQC's common shareholders. In conjunction with the transfer, EQC LT distributed all its units of beneficial interest to EQC's common shareholders, with each common shareholder receiving one unit in EQC LT for each common share held. The transfer of EQC's net assets to EQC LT was treated for federal tax purposes as a deemed distribution to EQC's common shareholders. Additional tax information is available on the Forms 8937 posted on the company website at www.eqcre.com.
After liquidating the assets of EQC and EQC LT, and paying all remaining liabilities, costs and expenses, the trustees of EQC LT determined the amount of remaining funds available did not warrant an additional cash distribution to EQC LT unitholders. The remaining funds totaling approximately $150,000 were donated to ten charities selected by the trustees of EQC LT.
There are certain post-dissolution matters remaining, including the preparation and filing of the Annual Report on Form 10-K and certain federal and state tax returns, all of which are expected to be completed on or before December 31, 2025.
Equity Commonwealth published this content on September 30, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 30, 2025 at 10:53 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]