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- Delisting (new) — NSA delisted from NYSE and will suspend SEC reporting following merger completion—expected outcome for acquired entity.
- Departure Of Ceo (new) — CEO and all officers ceased roles upon merger—standard for acquired company becoming subsidiary.
- Departure Of Cfo (new) — CFO and all officers ceased roles upon merger—standard for acquired company becoming subsidiary.
NSA completes merger with Public Storage; shareholders receive 0.14 PSA shares per NSA share
Filed July 22, 2026 · Period ending July 22, 2026 · ~1 min read
Key Changes
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high
NSA merged into Public Storage; each NSA common share converted to 0.1400 Public Storage shares. Public Storage issued ~11.2M common shares and ~15.2M preferred shares to former NSA holders.
Item 5.01 verify on EDGAR → -
high
NSA repaid and terminated four credit facilities (KeyBank, Capital One, BMO, Huntington) totaling undisclosed principal without material early termination penalties.
Item 2.01 verify on EDGAR → -
high
Public Storage subsidiary formed joint venture with certain NSA unitholders holding 313 properties valued at ~$3.2B, financed with $2.0B secured debt and $237M mezzanine loan.
Item 5.02 verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 23, 2026 · How we verify