Four Corners Property Trust, Inc. current report, 30 October 2018

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Four Corners Property Trust, Inc. - Form 8-K Summary

Business Context and Reporting Period

This Current Report on Form 8-K was filed by Four Corners Property Trust, Inc. on October 30, 2018. The filing serves to update and supersede specific disclosures previously made in the Company's Registration Statement on Form S-3 (filed December 5, 2016) and a prior Form 8-K filed on April 30, 2018.

Financial Metrics

The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report is a disclosure update regarding legal and tax matters rather than a financial performance report.

Material Changes

  • Tax Considerations: The information under "United States Federal Income Tax Considerations" in Exhibit 99.1 supersedes and replaces prior tax disclosures found in the Base Prospectus and the April 30, 2018 Form 8-K.
  • Legal Matters: New legal opinions and disclosures in Exhibits 99.2 and 99.3 replace previous "Legal Matters" sections in the Base Prospectus and Prospectus Supplement.
  • Exhibit Updates: Legal opinions from Latham & Watkins LLP and Ballard Spahr LLP (Exhibits 5.1, 5.2, 5.3, and 8.1) replace corresponding exhibits from the 2016 Registration Statement and 2016 Form 8-K.

Guidance, Outlook, and Risks

The filing does not contain management commentary on future guidance, outlook, or specific operational risks. The primary focus is the incorporation of updated legal opinions and tax considerations by reference. Investors should review the attached exhibits for the full text of the updated legal and tax information.

Key Facts for Investor Verification

  • Verify the specific changes in "United States Federal Income Tax Considerations" detailed in Exhibit 99.1.
  • Review the updated "Legal Matters" in Exhibits 99.2 and 99.3 for any new litigation or regulatory developments.
  • Confirm the validity of the updated legal opinions from Latham & Watkins LLP and Ballard Spahr LLP regarding the Company's securities.
  • Note that this filing supersedes tax and legal disclosures from December 2016 and April 2018.