Close the acquisition of Urstadt Biddle Properties

Delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced: 18 May 2023
Due: 31 Oct 2023
Delivered: 18 Aug 2023

Deadline
Met
Late
Not met
Today

What the company said

“The transaction is currently expected to close late in the third quarter or early in the fourth quarter of 2023”

SourceRegency Centers Form 8-K press release, 2023-05-18
FilingSEC filing index
Deadline as statedlate in the third quarter or early in the fourth quarter of 2023
Deadline used31 Oct 2023, the last day of the stated period
TypeTransaction
Permanent referenceKI-C-2023-REG-016601
Cite as https://keptindex.org/c/KI-C-2023-REG-016601/ — this address never changes.

What we found

Evidence strength A What the grades mean

Regency Centers completed the acquisition of Urstadt Biddle Properties on August 18, 2023, which is within the expected timeframe.

A
Regency Centers 8-K filed 2023-11-03 Regulatory filing · published 3 Nov 2023 · retrieved 19 Oct 2026 · kept permanently by the SEC · fingerprint f6f7320d0702
“On August 18, 2023, the Company completed its previously announced acquisition of Urstadt Biddle in an all-stock transaction” ✓ confirmed on the page
A
Regency Centers 10-K filed 2024-02-16 Regulatory filing · published 16 Feb 2024 · retrieved 19 Oct 2026 · kept permanently by the SEC · fingerprint 8f62bcd0e9b8
“the Company acquired Urstadt Biddle Properties, Inc. (UBP) for $1.1 billion on August 18, 2023” ✓ confirmed on the page

Market reaction: the shares moved -4.7% against the S&P 500 over the three sessions around the disclosure (2 Nov 2023 to 7 Nov 2023). What this measures

Checked 19 Oct 2026.

Commitment lineage

Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.

Deadline drift -61 days
2 versions

Version 1 · original · stated 18 May 2023

Deadline 31 Oct 2023 (“late in the third quarter or early in the fourth quarter of 2023”) · wording expected
Version 2 · stated 3 Aug 2023

Deadline 31 Aug 2023 (“mid-to-late August 2023”) · wording expected

“The transaction is expected to close mid-to-late August 2023, subject to shareholder approval at the currently scheduled August 16, 2023 Urstadt Biddle shareholder meeting, as well as the satisfaction of other closing conditions.”
Source for this version

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type: Acquisition close
Indicative materiality: High rules
Action: Close
Deliverable: Urstadt Biddle Properties acquisition
Language: Expected (“expects”, “plans”)
In the company’s control: Medium
Specificity: High
Conditional: Yes: receipt of approval of UBA and UBP shareholders; satisfaction of other customary closing conditions
Depends on: Shareholder

How this entry was checked

Commitment recordedThe company's words were matched word for word against the filing.
First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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