OFFICE PROPERTIES INCOME TRUST 8-K

What Happened

• Office Properties Income Trust and certain subsidiaries (the “Debtors”) commenced Chapter 11 cases on October 30, 2025, to pursue a court-supervised restructuring under a Restructuring Support Agreement (RSA) dated October 30, 2025.
• On January 9, 2026, the Debtors filed a Joint Chapter 11 Plan of Reorganization [Docket No. 575] and a related Disclosure Statement [Docket No. 576] in the U.S. Bankruptcy Court for the Southern District of Texas (Case No. 25-90530). The Plan implements the RSA and sets forth classification and treatment of claims and interests.

Key Details

• Chapter 11 cases filed: October 30, 2025; jointly administered as In re Office Properties Income Trust, et al., Case No. 25-90530.
• Plan and Disclosure Statement filed with Bankruptcy Court on January 9, 2026 (Docket Nos. 575, 576).
• The Plan provides that the Company’s common shares ($0.01 par value) will be cancelled on the Plan’s effective date; holders will not receive any recovery or property for those shares.
• Court filings and related documents are available free from the Debtors’ claims agent at https://restructuring.ra.kroll.com/OPI (copies not incorporated into the 8-K).

Why It Matters

• If the Plan is confirmed and becomes effective, common shareholders will be wiped out and their invested amounts will not be recoverable — the equity will have no value.
• Trading prices for OPITQ common shares may not reflect any eventual recovery (if any) from the Chapter 11 process; the company explicitly urges extreme caution to current and prospective investors.
• The filing warns of risks and uncertainties (e.g., Plan confirmation, case duration, liquidity and financing) that could materially affect outcomes; the Disclosure Statement describes solicitation of creditor votes and proposed reorganization and financing.