UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 15, 2019
Griffin Capital Essential Asset REIT II, Inc.
(Exact name of registrant as specified in its charter)
Commission File Number: 000-55605
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Maryland
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46-4654479
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(State or other jurisdiction of
incorporation)
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(IRS Employer
Identification No.)
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Griffin Capital Plaza, 1520 E. Grand Avenue, El Segundo, CA 90245
(Address of principal executive offices, including zip code)
(310) 469-6100
(Registrant’s telephone number, including area code)
None
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company
x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
x
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
On April 15, 2019, Griffin Capital Essential Asset REIT II, Inc. (the "Registrant") filed with the State Department of Assessments and Taxation of Maryland (the "Department") Articles Supplementary to its First Articles of Amendment and Restatement: reclassifying (i) 30,000,000 authorized but unissued shares of the Registrant's Class A common stock; (ii) 45,000,000 authorized but unissued shares of the Registrant's Class AA common stock; (iii) 5,000,000 authorized but unissued shares of the Registrant's Class AAA common stock; (iv) 40,000,000 authorized but unissued shares of the Registrant's Class T common stock; (v) 40,000,000 authorized but unissued shares of the Registrant's Class S common stock; (vi) 40,000,000 authorized but unissued shares of the Registrant's Class D common stock; and (vii) 40,000,000 authorized but unissued shares of the Registrant's Class I common stock, as 240,000,000 shares of Class E common stock. The Articles Supplementary were effective upon filing with the Department.
Following the reclassification of the Registrant's common stock pursuant to the Articles Supplementary, the total number of shares of Class A common stock, Class AA common stock, Class AAA common stock, Class T common stock, Class S common stock, Class D common stock, Class I common stock and Class E common stock which the Registrant has authority to issue are 40,000,000, 75,000,000, 5,000,000, 110,000,000, 110,000,000, 110,000,000, 110,000,000 and 240,000,000, respectively. There has been no increase in the authorized shares of stock of the Registrant effected by the Articles Supplementary.
The foregoing summary of the material terms of the Articles Supplementary is qualified in its entirety by reference to the full text of the Articles Supplementary, which is attached as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01.
Financial Statements and Exhibits
Signature(s)
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Griffin Capital Essential Asset REIT II, Inc.
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Date: April 19, 2019
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By:
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/s/ Howard S. Hirsch
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Howard S. Hirsch
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Vice President and Secretary
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GRIFFIN CAPITAL ESSENTIAL ASSET REIT II, INC.
ARTICLES SUPPLEMENTARY
Griffin Capital Essential Asset REIT II, Inc., a Maryland corporation (the “
Corporation
”), hereby certifies to the State Department of Assessments and Taxation of Maryland that:
FIRST
:
Under a power contained in Section 5.2.2 of Article V of the charter of the Corporation (the “
Charter
”), the Board of Directors of the Corporation (the “
Board of Directors
”), by duly adopted resolutions, reclassified 30,000,000 authorized but unissued shares of Class A Common Stock, $0.001 par value per share, of the Corporation (the “
Class A Common Stock
”), 45,000,000 authorized but unissued shares of Class AA Common Stock, $0.001 par value per share, of the Corporation (the “
Class AA Common Stock
”), 5,000,000 authorized but unissued shares of Class AAA Common Stock, $0.001 par value per share, of the Corporation (the “
Class AAA Common Stock
”), 40,000,000 authorized but unissued shares of Class T Common Stock, $0.001 par value per share, of the Corporation (the “
Class T Common Stock
”), 40,000,000 authorized but unissued shares of Class S Common Stock, $0.001 par value per share, of the Corporation (the “
Class S Common Stock
”), 40,000,000 authorized but unissued shares of Class D Common Stock, $0.001 par value per share, of the Corporation (the “
Class D Common Stock
”), and 40,000,000 authorized but unissued shares of Class I Common Stock, $0.001 par value per share, of the Corporation (the “
Class I Common Stock
”), as shares of Class E Common Stock, $0.001 par value per share, of the Corporation (the “
Class E Common Stock
”), with the following preferences, rights, voting powers, restrictions, limitations as to dividends and other distributions, qualifications, or terms or conditions of redemption, which, upon any restatement of the Charter, shall become part of Article V of the Charter, with any necessary or appropriate renumbering or relettering of the sections or subsections hereof. The total numbers of shares of Class A Common Stock, Class AA Common Stock, Class AAA Common Stock, Class T Common Stock, Class S Common Stock, Class D Common Stock, Class I Common Stock and Class E Common Stock which the Corporation has authority to issue after giving effect to these Articles Supplementary are 40,000,000, 75,000,000, 5,000,000, 110,000,000, 110,000,000, 110,000,000, 110,000,000 and 240,000,000, respectively. There has been no increase in the authorized shares of stock of the Corporation effected by these Articles Supplementary. Unless otherwise defined below, capitalized terms used below have the meanings given to them in the Charter.
Class E Common Stock
(1)
Designation and Number
. Of the total number of Shares of Common Stock, 240,000,000 shall be designated as Class E Common Stock, $0.001 par value per share (the “
Class E Common Stock
”).
(2)
Definition
. As used herein, the following term shall have the following meaning unless the context otherwise requires:
“
Net Asset Value per share of Class E Common Stock
.” means the net asset value of the Corporation allocable to the shares of Class E Common Stock, calculated as described in the Prospectus, as may be amended from time to time, or as otherwise determined by the board of directors and described in the Corporation’s periodic filings with the Securities and Exchange Commission divided by the number of outstanding shares of Class E Common Stock.
(3)
Rights Upon Liquidation
. In the event of any voluntary or involuntary liquidation, dissolution or winding up, or any distribution of the assets of the Corporation, the holder of each share of Class E Common Stock shall be entitled to be paid, out of assets that are legally available for distribution to the Stockholders, a liquidation payment equal to the Net Asset Value per share of Class E Common Stock.
(4)
Voting Rights
. The shares of Class E Common Stock shall vote together with the shares of Class A Common Stock, Class AA Common Stock, Class AAA Common Stock, Class T Common Stock, Class S Common Stock, Class D Common Stock and Class I Common Stock as a single class on all actions to be taken by the Stockholders;
provided, however, the affirmative vote of a majority of the then outstanding shares of Class E Common Stock, with no other class of Common Stock voting except the Class E Common Stock voting as a separate class, shall be required (a) to amend the charter of the Corporation if such amendment would materially and adversely affect the rights, preferences and privileges of the Class E Common Stock; (b) on any matter submitted to Stockholders that relates solely to the Class E Common Stock; and (c) on any matter submitted to Stockholders in which the interests of the Class E Common Stock differ from the interests of any other class of Common Stock.
SECOND
:
The Class E Common Stock has been reclassified by the Board of Directors under the authority contained in the Charter.
THIRD
:
These Articles Supplementary have been approved by the Board of Directors in the manner and by the vote required by law.
FOURTH
:
The undersigned officer acknowledges the foregoing Articles Supplementary to be the corporate act of the Corporation and as to all matters and facts required to be verified under oath, the undersigned officer acknowledges that to the best of his knowledge, information and belief, these matters and facts are true in all material respects and that this statement is made under the penalties for perjury.
[Remainder of this page left blank intentionally - signature page follows]
IN WITNESS WHEREOF, Griffin Capital Essential Asset REIT II, Inc. has caused the foregoing Articles Supplementary to be signed in its name and on its behalf by its Chief Financial Officer and Treasurer and attested to by its Secretary on this 15th day of April, 2019.
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ATTEST:
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GRIFFIN CAPITAL ESSENTIAL ASSET REIT II, INC.
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/s/Howard S. Hirsch
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By:
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/s/Javier F. Bitar
(SEAL)
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Howard S. Hirsch
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Javier F. Bitar
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Secretary
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Chief Financial Officer and Treasurer
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