Mission West Properties Inc. said it transferred its remaining assets to, and its remaining liabilities were assumed by, the Mission West Liquidating Trust in accordance with the company's plan of liquidation and an agreement and declaration of trust effective Dec. 28, 2012.
Carl E. Berg will serve as the trustee of the liquidating trust. The company's stock transfer books will be closed as of the close of business on Dec. 28, 2012.
The company also announced that it will file a Form 15 with the Securities and Exchange Commission to terminate the registration of the company's common stock under the Securities Exchange Act of 1934 and to delist the company's common stock from trading on the Nasdaq Global Market.
As of the record date, all common stockholders, holders of vested options and certain former limited partners of the company's operating partnerships will automatically become the holder of one unit of beneficial interest in the liquidating trust for each share of the company's common stock or an interest representing a share of common stock on a 1:1 basis.
