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    Innovative Industrial Properties Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

    5/7/25 5:23:53 PM ET
    $IIPR
    Real Estate
    Finance
    Get the next $IIPR alert in real time by email
    false 0001677576 0001677576 2025-05-07 2025-05-07 0001677576 us-gaap:CommonStockMember 2025-05-07 2025-05-07 0001677576 us-gaap:SeriesAPreferredStockMember 2025-05-07 2025-05-07 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

     

    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): May 7, 2025

     

     

     

    Innovative Industrial Properties, Inc.

    (Exact name of registrant as specified in its charter)

     

     

     

    Maryland   001-37949   81-2963381

    (State or Other Jurisdiction

    of Incorporation)

     

    (Commission

    File No.)

     

    (I.R.S. Employer

    Identification No.)

     

    1389 Center Drive, Suite 200

    Park City, UT 84098

    (Address of principal executive offices, including zip code)

     

    Registrant’s telephone number, including area code: (858) 997-3332

     

     

     

    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))

     

    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 ¨

     

    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. ¨

     

    Securities Registered pursuant to Section 12(b) of the Act:

     

    Title of each class   Trading Symbol(s)   Name of each exchange on which registered
    Common Stock, par value $0.001 per share   IIPR   New York Stock Exchange
    Series A Preferred Stock, par value $0.001 per share   IIPR-PA   New York Stock Exchange

     

     

     

     

     

     

    Item 2.02 Results of Operations and Financial Condition.

     

    On May 7, 2025, Innovative Industrial Properties, Inc. (the “Company”) issued a press release regarding its financial results for the first quarter ended March 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

     

    On May 7, 2025, the Company posted on its website, http://investors.innovativeindustrialproperties.com, certain supplemental financial information for the first quarter ended March 31, 2025, which is attached hereto as Exhibit 99.2 and is incorporated by reference herein. 

     

    Item 7.01 Regulation FD Disclosure. 

     

    On May 7, 2025, the Company posted an investor presentation to its website located at http://investors.innovativeindustrialproperties.com. A copy of the investor presentation is attached hereto as Exhibit 99.3 and is incorporated by reference herein.

     

    The information contained in this Current Report, including Exhibits 99.1, 99.2 and 99.3 referenced herein, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

     

    Item 9.01 Financial Statements and Exhibits.

     

    (d) Exhibits

     

    Exhibit
    Number
      
      Description of Exhibit  
    99.1   Press Release issued by Innovative Industrial Properties, Inc. on May 7, 2025.
    99.2   Supplemental Financial Information for the quarter ended March 31, 2025.
    99.3    Innovative Industrial Properties, Inc. Investor Presentation dated May 7, 2025. 
    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.

     

    Date: May 7, 2025 INNOVATIVE INDUSTRIAL PROPERTIES, INC.
         
      By: /s/ David Smith
      Name: David Smith
      Title: Chief Financial Officer

     

     

     

     

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