Blue Owl completes $30.38/share acquisition of Sila Realty Trust; SILA delisted from NYSE

funds managed by Blue Owl have successfully completed the previously announced acquisition of Sila Realty Trust, Inc. (“Sila” or “the Company”), a net lease real estate investment trust with a strategic focus on investing in the growing and resilient healthcare sector.

On July 1, 2026, Parent issued a press release announcing the completion of the Merger.

at the Effective Time, each of the six directors of the Company prior to consummation of the Merger (Michael A. Seton, Jonathan Kuchin, Z. Jamie Behar, Adrienne Kirby, Verett Mims and Roger Pratt) ceased to be directors of the Company. These resignations were in connection with the Merger and not a result of any disagreements between the Company and the resigning directors on any matter relating to the Company’s operations, policies or practices.

as of the Effective Time, Mr. Seton and Kay C. Neely ceased to serve as principal executive officer and principal financial officer, respectively.

Item 5.01. Changes in Control of Registrant.

The information provided in the Introductory Note and Items 2.01, 3.01, 3.03, 5.02 and 5.03 of this Current Report on Form 8-K is incorporated herein by reference.

At the Effective Time, all shares of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than shares of Company Common Stock owned by any of Parent, Merger Sub or any of their respective wholly owned subsidiaries, which were cancelled and not entitled to receive Per Share Merger Consideration) were automatically cancelled and automatically converted into the right to receive Per Share Merger Consideration.

On the Closing Date, the Company notified the New York Stock Exchange (the “NYSE”) of the consummation of the Merger and requested that the NYSE file with the Securities and Exchange Commission (“SEC”) a notification of removal from listing on Form 25 in order to delist the Company Common Stock from the NYSE and deregister the Company Common Stock under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

The Surviving Entity intends to file with the SEC a certification on Form 15 to cause the Company’s reporting obligations under Sections 13 and 15(d) of the Exchange Act to be suspended.

on July 1, 2026, at the effective time of the Merger (the “Effective Time”), each share of common stock, $0.01 par value per share, of the Company (“Company Common Stock”) issued and outstanding as of immediately prior to the Effective Time (other than shares of Company Common Stock owned by any of Parent, Merger Sub or any of their respective wholly owned subsidiaries, which were cancelled and not entitled to receive Per Share Merger Consideration (as defined below)) was cancelled, retired and automatically converted into the right to receive an amount in cash equal to $30.38 per share (the “Per Share Merger Consideration”)

all restricted shares of Company Common Stock granted pursuant to an award under the Company Amended and Restated 2014 Restricted Share Plan (as amended and restated effective as of April 2, 2025) (the “Company Equity Incentive Plan”) (the “Company Restricted Stock”) that were issued and outstanding immediately prior to the Effective Time (whether or not then vested) have (A) automatically fully vested and all restrictions on such Company Restricted Stock have lapsed as of immediately prior to the Effective Time and (B) as of the Effective Time were cancelled, retired and automatically converted into the right to receive the Per Share Merger Consideration

all deferred stock units with respect to a share of Company Common Stock, whether granted under a Company Equity Incentive Plan (including any dividend equivalent units credited with respect thereto) (the “Company Deferred Stock Units”), that were outstanding and unvested immediately prior to the Effective Time, have (A) vested at the greater of (1) the target number of shares of Company Common Stock subject to each such Company Deferred Stock Unit and (2) the number of shares of Company Common Stock earned based on the actual achievement of the applicable performance goals as of the Effective Time (or over the first two years of the 2024-2026 performance period with respect to Company Deferred Stock Units granted in 2024) and (B) as of the Effective Time, were cancelled and extinguished. The holder is entitled to receive (subject to any applicable withholding or other Taxes, or other amounts required by applicable law to be withheld) an amount in cash equal to the product of the Per Share Merger Consideration, multiplied by the total number of vested shares of Company Common Stock subject to such Company Deferred Stock Unit

Pursuant to the Merger Agreement, as of the Effective Time of the Merger, the Company ceased to exist and the Merger Sub continued as the surviving entity.