1、UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington,D.C.20549FORM 10-Q(Mark One)QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended March 31,2025ORTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF
2、 1934For the transition period from to Commission file number 001-40814MODIV INDUSTRIAL,INC.(Exact Name of Registrant as Specified in Its Charter)Maryland47-4156046(State or other jurisdiction ofincorporation or organization)(I.R.S.Employer Identification No.)2195 South Downing Street,Denver,CO80210
3、(Address of principal executive offices)(Zip Code)(888)686-6348(Registrants telephone number,including area code)None(Former name,former address and former fiscal year,if changed since last report)Securities registered pursuant to Section 12(b)of the Act:Title of Each ClassTrading Symbol(s)Name of E
4、ach Exchange on WhichRegisteredClass C Common Stock,$0.001 par valueper shareMDVNew York Stock Exchange7.375%Series A Cumulative RedeemablePerpetual Preferred Stock,$0.001 parvalue per shareMDV.PANew York Stock ExchangeIndicate by check mark whether the registrant(1)has filed all reports required to
5、 be filed by Section 13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12 months(or for such shorter period that the registrant was required to file such reports),and(2)has been subject to such filing requirements for the past 90 days.Yes No Indicate by check mark whether the reg
6、istrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T(232.405 of this chapter)during the preceding 12 months(or for such shorter period that theregistrant was required to submit such files).Yes No Indicate by check mark whethe