Market Cap: $2 million | Power REIT, a specialized real estate investment trust (REIT), emphasizes the "Triple Bottom Line" with a focus on Profit, Planet, and People
Bradley & Daytona Railway & Land Co. LLC
On May 26, 2026, Bradley & Daytona Railway & Land Co. LLC and D & C Cacciapaglia Living Trust formed a limited voting group representing about 11.1% of the company’s Series A Preferred Stock to exercise rights triggered by six missed dividend quarters. They requested a special election meeting to appoint two trustees to the Board, nominating Alexander Kachmar and David Cacciapaglia, while otherwise retaining sole voting and dispositive power over their own shares. Source
On June 26, 2026, Bradley & Daytona Railway & Land Co. LLC and D & C Cacciapaglia Living Trust demanded that the company promptly hold a special meeting to elect two additional trustees, arguing that unpaid dividends for more than six quarters triggered their rights under Section 8(a) of the preferred stock terms. The group, which nominated Alexander Kachmar and David Cacciapaglia, warned independent trustees that continued failure to set a record date, announce the meeting, and distribute proxy materials could expose the Trust and its fiduciaries to legal action. Source
Henry Posner
On December 29, 2025, Henry Posner (10%) stated that he plans to engage with CEO/Chair David H. Lesser and the Board on governance and the future of the company’s wholly owned subsidiary, Pittsburgh & West Virginia Railroad, may seek a board seat or nominate directors if no agreement is reached, and could explore governance audits, strategic options, or transactions. Source
Axonic Capital
On July 25, 2024, Axonic Capital (5.4%) had discussed with the management various strategies to enhance shareholder value, including potential recapitalization and other strategic alternatives. Source