Company: INRE
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001193125-25-268836
Chunk: 7

Company: Inland Real Estate Income Trust, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 4
Chunk 7
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Disclosure Controls and Procedures

Our management has evaluated, with the participation of our principal executive and principal financial officers, the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) as of the end of the period covered by this report. Based on that evaluation, the principal executive and principal financial officers have concluded that our disclosure controls and procedures were effective as of the end of the period covered by this report.

Changes in Internal Control over Financial Reporting

There were no changes to our internal control over financial reporting (as defined in Exchange Act Rule 13a-15(f) or Rule 15d-15(f)) during the three months ended September 30, 2025 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Part II - Other Information

Item 1.  Legal Proceedings

We are not a party to, and none of our properties are subject to, any material pending legal proceedings.

Item 1A.  Risk Factors

The following risk factors amend and supplement the risk factors set forth in our Annual Report on Form 10-K for the year ended December 31, 2024:

The review of strategic alternatives may not increase our assets, income or cash flows or result in a liquidity event in the near term, if at all.

Our board has been reviewing strategic alternatives since September 2024 and has decided not to pursue the sale of the Company at this time. Although the board has asked the Business Manager to further review the Company’s strategy and business plan and to consider strategies that may allow the Company to actively increase assets, net income and cash flow, there is no assurance that any strategy or plan that may evolve from this review will achieve these objectives. Further there is no assurance that any new or existing strategy will result in a liquidity event for stockholders or increase or maintain the level of distributions payable to stockholders. The process of reviewing strategic alternatives is time consuming and may be distracting to the employees of our Business Manager and Real Estate Manager and may be disruptive to our business. In addition, any perceived uncertainty regarding our future operations or business may limit the ability of our Business Manager or Real Estate Manager to retain or hire qualified personnel and may impact our ability to attract or retain tenants at our properties.