Leopard Intermediate LLC, as successor by merger to LXP Industrial Trust, filed a Post-Effective Amendment (POS AM) on November 2, 2026, to deregister all unsold or unissued securities across eleven Form S-3 registration statements following the completion of a two-step merger.

Key Highlights

  • Merger completed: On November 2, 2026, LXP Industrial Trust merged with and into Leopard Merger Sub LLC, a Maryland limited liability company and wholly owned indirect subsidiary of Leopard REIT LLC.
  • Second merger followed: Also on November 2, 2026, the surviving entity merged into Leopard Intermediate LLC, a Delaware limited liability company, making it the final surviving entity.
  • Eleven registration statements affected: The filing covers deregistration of securities under eleven S-3 registration statements, with the earliest dated April 16, 1996 (No. 333-03688) and the most recent filed March 11, 2009 (Nos. 333-157860 through 333-157857).
  • Merger Agreement dated July 19, 2026: The transaction was conducted pursuant to an Agreement and Plan of Merger signed on that date among the registrant, Leopard REIT LLC, and Leopard Merger Sub LLC.
  • Sole member outcome: As a result of the mergers, Leopard REIT LLC became the sole member of Leopard Intermediate LLC, the surviving entity.
  • Signed by Gautam Huded: The Post-Effective Amendment was signed in Atlanta, Georgia, by Gautam Huded, Executive Vice President of Leopard Intermediate LLC.

LXP Industrial Trust's Eleven S-3 Registrations Terminated After Two-Step Merger

According to the filing, LXP Industrial Trust, a Maryland real estate investment trust formerly known as Lexington Realty Trust and, prior to that, Lexington Corporate Properties Trust, completed a two-step merger on November 2, 2026. In the first step, the registrant merged with and into Leopard Merger Sub LLC, with Merger Sub serving as the "Initial Surviving Entity." In the second step, occurring on the same date and following the effective time of the first merger, the Initial Surviving Entity merged with and into Leopard Intermediate LLC, which became the "Surviving Entity." The filing states that Parent, Leopard REIT LLC, became the sole member of the Surviving Entity as a result of these transactions.

The Post-Effective Amendment covers eleven Form S-3 registration statements spanning nearly three decades of securities registrations, from Registration Statement No. 333-03688, filed on April 16, 1996, through four statements filed on March 11, 2009. The filing discloses that one of the registration statements, No. 333-105977, was filed pursuant to Rule 462(b) to register additional securities for an offering under No. 333-49351. Another, No. 333-103140, used a combined prospectus under Rule 429 that also related to a Form S-3D (No. 333-47064). In connection with the closing of the mergers, the filing states that "the offerings pursuant to the Registration Statements have been terminated."

The registrant noted that, in accordance with undertakings it had previously made in each registration statement, it was removing from registration all securities that were registered but remained unsold or otherwise unissued as of November 2, 2026. The filing was signed in Atlanta, Georgia, by Gautam Huded in his capacity as Executive Vice President of Leopard Intermediate LLC, acting as successor by merger to LXP Industrial Trust. The filing notes that no other person is required to sign under Rule 478 of the Securities Act of 1933.

What Was Disclosed

LXP Industrial Trust filed a Post-Effective Amendment on November 2, 2026, to remove from registration all unsold securities across eleven historical S-3 registration statements, following the completion of a two-step merger resulting in Leopard Intermediate LLC as the successor entity.