Tender Offer - Inland Real Estate Income Trust, Inc.

Form Type: SC 14D9

Filing Date: 2025-03-11

Corporate Action: Tender-offer

Type: New

Accession Number: 000119312525051923

Filing Summary: Inland Real Estate Income Trust, Inc. filed a Schedule 14D-9 concerning a tender offer by Comrit Investments 1, L.P. to purchase up to 1,025,000 shares of its common stock at a price of $12.50 per share. The company's board unanimously recommends that shareholders reject this offer, citing that it is not in their best interest as ongoing strategic alternatives are being explored, including a potential sale of the company. The board encourages shareholders to consider future liquidity events rather than tendering shares at the proposed offer price. The offer is set to expire on April 23, 2025, unless extended. The document also notes that no independent evaluation has been conducted on the fairness of the offer price, and there are no current negotiations related to a merger, acquisition, or other transaction that could affect the company.