Divall Insured Income Properties 2 Limited Partnership (DIVVZ)
Filed: 4 Aug 17, 12:00am
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): July 31, 2017
DIVALL INSURED INCOME PROPERTIES 2, L.P.
(Exact name of registrant as specified in its charter)
| Wisconsin | 000-17686 | 39-1606834 | ||
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification Number) |
1100 Main Street, Suite 1830
Kansas City, Missouri 64105
(Address of principal executive offices)
(816) 421-7444
(Registrant’s telephone number, including area code)
Not Applicable
(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 (see General Instruction A.2. below):
| [ ] | 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)) |
Item 5.07 Submission of Matters to a Vote of the Security Holders.
On July 31, 2017, DiVall Insured Income Properties 2 Limited Partnership (the “Partnership”), concluded its previously announced 2017 consent solicitation process. As of the record date of May 31, 2017, there were 46,280.3 Limited Partnership Units (“Units”) outstanding and entitled to notice of, and to vote in, the Partnership’s 2017 consent solicitation. The proposal for which consents were solicited was a proposal to authorize the sale of the Partnership’s properties, although no purchaser had been identified, and the subsequent dissolution of the Partnership (the “Proposed Sale and Dissolution”). For Units to be voted, Limited Partners were required to return and submit their respective consent cards by July 31, 2017. The Proposed Sale and Dissolution was not authorized because the holders of a majority of the outstanding Units did not vote in favor of it.
Results of the consent solicitation were:
| FOR | AGAINST | ABSTAIN | FAILURE TO RETURN | ||||||||
| 20,348.715 Units | 1,264.50 Units | 0.0 Units | 24,637.085 Units |
The holders of 24,637.085 Units did not return a consent card, and such Units are not included in the FOR, AGAINST, or ABSTAIN totals listed above. Because the Proposed Sale and Dissolution required a majority of the outstanding Units to cast “FOR” consents to pass, a vote to “ABSTAIN” and the failure to return a consent card had the same effect as a vote “AGAINST” the Proposed Sale and Dissolution.
| 2 |
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.
DiVall Insured Income Properties 2, LP | ||
| (Registrant) | ||
| Date: August 4, 2017 | By: | /s/ Lynette L. DeRose |
| Lynette L. DeRose | ||
| Chief Financial Officer | ||
| 3 |