Chiron Real Estate Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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 2, 2026 (
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| Item 1.01 | Entry into a Material Definitive Agreement |
On June 26, 2026, Chiron Real Estate Inc. (the “Company”), through certain subsidiaries, entered into an Agreement of Purchase and Sale (the “Purchase Agreement”) with Altoona PA IRF, LLC, Mechanicsburg PA IRF, LLC, Mesa AZ IRF, LLC, Sherman TX IRF, LLC, Las Vegas NV IRF, LLC, Surprise AZ IRF, LLC and Oklahoma City OK IRF, LLC, each a Delaware limited liability company and each a subsidiary of COMREF Chiron IRF, LLC, as buyers (collectively, the “Buyers”), pursuant to which the Company agreed to sell a portfolio of seven inpatient rehabilitation hospital properties located in Altoona, Pennsylvania; Mechanicsburg, Pennsylvania; Mesa, Arizona; Sherman, Texas; Las Vegas, Nevada; Surprise, Arizona; and Oklahoma City, Oklahoma (collectively, the “Properties”) for an aggregate purchase price of $217.0 million, subject to customary prorations, adjustments and credits.
The Purchase Agreement provides for a closing date of June 29, 2026, subject to extension rights set forth therein, and in no event later than July 31, 2026, unless otherwise agreed by the parties. On June 29, 2026, the Company completed the sale of the Properties to the Buyers pursuant to the terms of the Purchase Agreement.
Following the closing, the Properties are owned by a joint venture between the Company or one of its affiliates and a U.S. public pension fund, pursuant to which the pension fund holds an 85% interest and the Company or one of its affiliates holds a 15% interest and serves as managing member. Chiron Real Estate LP, a Delaware limited partnership and an affiliate of the Company, joined the Purchase Agreement solely for purposes of certain post-closing obligations described therein.
The foregoing description of the Purchase Agreement and the transactions contemplated thereby does not purport to be complete and is qualified in its entirety by reference to the full text of the Purchase Agreement, a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference.
| Item 2.01 | Completion of Acquisition or Disposition of Assets |
The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.01. On June 29, 2026, the Company completed the sale of the Properties to the Buyers for an aggregate purchase price of $217.0 million, subject to customary prorations, adjustments and credits.
| Item 9.01 | Financial Statements and Exhibits |
| (b) | Pro forma financial information. |
The following unaudited pro forma financial information for the Company is attached as Exhibit 99.1 and incorporated by reference herein (“Unaudited Pro Forma Consolidated Financial Statements”):
| · | Unaudited Pro Forma Condensed Consolidated Balance Sheet for the Company as of March 31, 2026 |
| · | Unaudited Pro Forma Condensed Consolidated Statement of Operations for the three months ended March 31, 2026 |
| · | Unaudited Pro Forma Condensed Consolidated Statement of Operations for the year ended December 31, 2025 |
The unaudited pro forma financial information is derived from the historical financial statements of the Company and gives effect to the sale of the Properties as if the sale had occurred on January 1, 2025 for the purposes of the unaudited pro forma condensed consolidated statements of operations, and as of March 31, 2026 for the purposes of the unaudited pro forma condensed consolidated balance sheet.
| (d) | Exhibits. |
| Exhibit No. | Description | |
| 10.1 | Agreement of Purchase and Sale, dated as of June 26, 2026, by and among certain subsidiaries of Chiron Real Estate Inc., as sellers, the buyers party thereto, and Chiron Real Estate LP, solely for the limited purposes set forth therein. | |
| 99.1 | Unaudited Pro Forma Consolidated Financial Statements. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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.
| Chiron Real Estate Inc. | ||
| By: | /s/ Jamie A. Barber | |
| Jamie A. Barber | ||
| Secretary and General Counsel | ||
Date: July 2, 2026