National Healthcare Properties Announces Conversion of Class A Common Stock into Common Stock

NEW YORK, Oct. 02, 2026 (GLOBE NEWSWIRE) -- National Healthcare Properties, Inc. (Nasdaq: NHP) (the “Company”) announced today that, as previously disclosed, all outstanding shares of its Class A common stock, $0.01 par value per share (“Class A common stock”), will automatically convert into its common stock, $0.01 par value per share (“common stock”), on a one-for-one basis. All shares of common stock will begin trading on the Nasdaq Global Market, effective at 9:30 a.m. Eastern time on October 19, 2026. The conversion will have no effect on the economic rights of holders of shares of Class A common stock and the Company’s operations.

The conversion will occur automatically and without any action on the part of shareholders pursuant to the Company’s charter documents, as amended or supplemented, as described in the Company’s Registration Statement on Form S-11 filed with the United States Securities and Exchange Commission (File No. 333-294895) in connection with the Company’s public offering of the Class A common stock. The common stock has the same preferences, rights, voting powers (one vote per share), restrictions, limitations as to dividends and other distributions, qualifications and terms and conditions of redemption or otherwise, as the Class A common stock. Following the conversion of the Class A common stock, all provisions of the Company’s charter documents, as amended or supplemented, applicable to the shares of common stock shall apply to the shares of the common stock converted from the Class A common stock. Cash will be paid in lieu of any fractional shares of Class A common stock.