On May 22, 2023, Blackwells Capital LLC responded to the decisions by the boards of directors of Global Net Lease, Inc. and The Necessity Retail REIT, Inc. to delay their respective annual meetings of stockholders, which were originally scheduled to be held on May 18, 2023. Blackwells Capital stated that the annual meetings have been delayed by more than 2 months to ‘on or about July 21, 2023.' Blackwells Capital expressed its views that the boards of directors of Global Net Lease and The Necessity Retail REIT should immediately confirm the July timing for the annual meetings and publicly commit to forgoing further delays.