UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 1.01. Entry into a Material Definitive Agreement.
On November 2, 2021, Millennium Investment & Acquisition Co. Inc. (“MILC”) through a wholly owned subsidiary of its wholly owned subsidiary, Millennium Cannabis LLC (the “Tenant”), has entered into a lease amendment (the “Amendment”) with a wholly owned subsidiary of Power REIT (the “Landlord), in connection with a property located in Marengo Township, Michigan (the “Property”). Pursuant to the lease amendment, Power REIT will fund additional items for improvement of the greenhouse cultivation facility operated by the Tenant amounting to approximately $4,100,000. The economic terms of the Amendment are the same as the original lease for the Property.
The foregoing descriptions of the lease amendment does not purport to be complete and are qualified in its entirety by reference to the complete text of the Lease, a copy of which is attached hereto as Exhibit 10.1 and is incorporated into this Current Report on Form 8-K by reference.
Item 9.01. Financial Statements and Exhibits
Exhibits
| Ex. No. | Description | |
| 10.1 | Marengo Cannabis LLC Lease Amendment | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: November 4, 2021
MILLENNIUM INVESTMENT & ACQUISITION COMPANY CO. INC.
| By | /s/ David H. Lesser | |
| David H. Lesser | ||
| Chairman, CEO, Secretary & Treasurer |