Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
−Removed: Our common shares are traded on Nasdaq (symbol:
−Removed: As of February 10, 2025, there were 1,698 shareholders of record of our common shares.
−Removed: Issuer purchases of equity securities.
−Removed: The following table provides information about our purchases of our equity securities during the quarter ended December 31, 2024:
−Removed: Calendar Month Number of Shares Purchased (1)
−Removed: Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
−Removed: December 1, 2024 - December 31, 2024 322 $ 1.39 — $ —
−Removed: (1) These common share withholdings and purchases were made to satisfy tax withholding and payment obligations of a former employee of RMR in connection with the vesting of prior awards of common shares to them.
−Removed: We withheld and purchased these shares at their fair market values based upon the trading prices of our common shares at the close of trading on Nasdaq on the purchase dates.
−Removed: Our current cash distribution rate to common shareholders is $0.01 per share per quarter, or $0.04 per share per year.
−Removed: However, the timing, amount and form of future distributions will be determined at the discretion of our Board of Trustees and will depend upon various factors that our Board of Trustees deems relevant, including, but not limited to, our historical and projected income, Normalized FFO, CAD, the then current and expected needs and availability of cash to pay our obligations and fund our investments, requirements to maintain our qualification as a REIT, limitations in our debt agreements, including our credit agreement, which requires us to obtain lender approval for any increase in our distribution rate above the current level, and other factors deemed relevant by our Board of Trustees.
−Removed: Therefore, we cannot be sure that we will continue to pay distributions in the future or that the amount of any distributions we do pay will not decrease.
+Added: Our common shares are currently quoted on the over-the-counter, or OTC, Expert Market and were previously quoted on the OTC Pink (symbol:
+Added: Any over-the-counter market quotations reflect inter-dealer prices, without retail mark-up, mark-down or commission and may not necessarily represent actual transactions.
+Added: Our common shares were previously listed on Nasdaq under the symbol “OPI” until October 6, 2025 when they were delisted by Nasdaq.
+Added: As of May 11, 2026, there were 1,602 shareholders of record of our common shares.
+Added: In July 2025, our Board of Trustees suspended our cash distribution on our common shares.
+Added: We do not expect to pay any future distributions prior to the conclusion of the Chapter 11 Cases.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.