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 securities that were registered but unsold or otherwise unissued across eleven historical Form S-3 registration statements, following the completion of a two-step merger that closed on the same date.

Key Highlights

  • Eleven registration statements affected: The filing removes unsold securities from registration statements numbered 333-157860 through 333-03688, spanning original filing dates from April 1996 to March 2009.
  • Merger completed 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, with Leopard Merger Sub LLC serving as the Initial Surviving Entity.
  • Second-step merger also closed November 2, 2026: The Initial Surviving Entity then merged with and into Leopard Intermediate LLC, a Delaware limited liability company and wholly owned subsidiary of Leopard REIT LLC, making Leopard Intermediate LLC the Surviving Entity.
  • Merger Agreement dated July 19, 2026: The transactions were governed by an Agreement and Plan of Merger among the Registrant, Leopard REIT LLC, and Leopard Merger Sub LLC.
  • Sole member outcome: As a result of the two mergers, Leopard REIT LLC became the sole member of the Surviving Entity, Leopard Intermediate LLC.
  • Signed in Atlanta, Georgia: The Post-Effective Amendment was executed by Gautam Huded, Executive Vice President, on behalf of Leopard Intermediate LLC.

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

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 structure on November 2, 2026. In the first step, the Registrant merged with and into Leopard Merger Sub LLC, a Maryland limited liability company and wholly owned indirect subsidiary of Leopard REIT LLC, a Delaware limited liability company. That transaction was carried out under an Agreement and Plan of Merger dated July 19, 2026.

The filing further discloses that, on the same day and following the effective time of the initial merger, the surviving entity from the first step merged with and into Leopard Intermediate LLC, a Delaware limited liability company and wholly owned subsidiary of Leopard REIT LLC. Leopard Intermediate LLC survived as the final entity, and Leopard REIT LLC became its sole member. The Post-Effective Amendment was submitted to fulfill undertakings made by the Registrant in each of the eleven original registration statements, which committed the Registrant to remove any unsold or unissued securities from registration upon termination of those offerings.

The eleven registration statements covered by this filing carry original filing dates ranging from April 16, 1996 (No. 333-03688) to March 11, 2009 (Nos. 333-157857 through 333-157860), reflecting decades of shelf-registration activity by the entity under its various prior names. The filing states that "the offerings pursuant to the Registration Statements have been terminated" in connection with the closing of the mergers, and that all securities registered but unsold under each statement are hereby removed from registration as of November 2, 2026.

What Was Disclosed

The Post-Effective Amendment filed November 2, 2026, deregisters all unsold securities across eleven historical S-3 registration statements originally filed by LXP Industrial Trust, following completion of a two-step merger that resulted in Leopard Intermediate LLC succeeding the Registrant.