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Orion Properties Board of Directors Unanimously Rejects Revised Proposal from Kawa Capital Management

PHOENIX, July 28, 2025--Orion Properties Inc. (NYSE: ONL) ("Orion" or the "Company") today announced that the Company’s Board of Directors unanimously concluded that the revised non-binding acquisition proposal to acquire all of the outstanding shares of Orion for $2.75 per share in cash submitted by Kawa Capital Management on July 17, 2025, is not in the best interests of Orion’s stockholders. This determination follows a review process conducted by the Orion Board in consultation with its inde

articleOrion Properties Inc.July 28, 20254/company/orion-office-reit-inc/news/orion-properties-board-directors-unanimously-120000202
Orion Properties Board of Directors Unanimously Rejects Revised Proposal from Kawa Capital Management

About this update from Orion Properties Inc.

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