Sila Realty Trust, Inc. 8-K

What Happened
Sila Realty Trust, Inc. (SILA) announced the completion of its merger effective July 1, 2026. At the Effective Time, each outstanding share of Sila common stock (except shares owned by the buyer or its subsidiaries) was cancelled and converted into the right to receive $30.38 in cash per share. The Company ceased to exist as a separate entity and the merger subsidiary survived. Parent issued a press release dated July 1, 2026 announcing the closing.

Key Details

• Cash merger consideration: $30.38 per share, paid to holders of outstanding Sila common stock (subject to required tax withholding).
• Effective date of merger and payment rights: July 1, 2026.
• Equity awards: All restricted stock automatically vested immediately prior to the Effective Time and converted into the same $30.38 per‑share cash payment; deferred stock units vested (at the greater of target or earned performance for applicable awards), were cancelled and converted into cash equal to $30.38 × vested share amount (plus any accrued unpaid dividend equivalents).
• Corporate effects: Sila ceased to exist as of the Effective Time, constituting a change in control and material modification to holders’ rights.

Why It Matters
Shareholders of Sila no longer hold public REIT stock — they received a cash exit price of $30.38 per share and any equity awards were cashed out. For investors this means there is no ongoing public equity exposure to Sila Realty Trust; remaining considerations are cash payment timing, tax withholding, and the treatment of any previously issued awards. For full legal terms, see the Merger Agreement (Exhibit 2.1) and the July 1, 2026 press release (Exhibit 99.1) referenced in the 8‑K.