Orion Properties Inc. announced it has entered into a cooperation agreement with The Kawa Fund Limited and its affiliates amid a strategic options review process aimed at maximizing stockholder value. As part of the agreement, Kawa has withdrawn its notice to nominate five individuals for election to the Orion Board of Directors at the company's 2026 annual meeting of stockholders. Kawa has also agreed to certain standstill, voting, and confidentiality commitments outlined in the agreement. The Orion Board stated it remains committed to considering a range of strategic alternatives, including potential acquisitions, mergers, a sale of the company, or continuing as an independent public entity. The company has not set a timetable for the completion of the review process and will disclose further developments as appropriate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orion Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260126336557) on January 26, 2026, and is solely responsible for the information contained therein.