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): February 18, 2016
American Housing Income Trust, Inc.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
| | | | | |
| Maryland | | 333-150548 | | 75-3265854 |
(STATE OR OTHER JURISDICTION OF INCORPORATION OR ORGANIZATION) | | (COMMISSION FILE NO.) | | (IRS EMPLOYEE IDENTIFICATION NO.) |
34225 N. 27th Drive, Building 5, Phoenix, Arizona 85085
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(623) 551-5808
(ISSUER TELEPHONE NUMBER)
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 (see General Instruction A.2. below):
| ¨ | Written communication 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)) |
SECTION 8 – OTHER EVENTS
Item 8.01 Other Events
On February 24, 2016, American Housing Income Trust, Inc. (the “Company”) issued a press release titled “American Housing Income Trust Announces Upcoming $9M DPO.” The purpose of the release is to announce it has launched a $9,000,000 direct public offering. In addition to the registration of selling shareholders, the Company is seeking the registration of 3,000,000 shares of its common stock at $3.00/share as part of its offering. The Company’s intent is to expand its single-family residence portfolio through equity financing.
On February 25, 2016, the Company issued a press release titled“American Housing Income Trust to Acquire 50 New Properties in Phoenix.” The purpose of the press release is to announce that the Company has entered into a contract to acquire 50 single-family homes located in Phoenix, Arizona, subject to due diligence, financing and other contingencies. The aggregate purchase price for all 50 homes is approximately $8.3M, exclusive of closing costs.
SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
| Exhibit No. | Document |
| | |
| 10.1 | Press Release dated February 24, 2016 |
| 10.2 | Press Release dated February 25, 2016 |
SIGNATURES
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.
American Housing Income Trust, Inc.
By: /s/Jeff Howard
Name: Jeff Howard
Title: Chief Executive Officer and President
Dated: February 25, 2016
