Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or

Standard; Transfer of Listing.

In light of the intended dissolution of Spirit MTA REIT, a Maryland real estate investment trust (the "Company") and cancellation of the common shares of beneficial interest, par value $0.01 per share, of the Company (the "Company Shares") described under Item 8.01 below, on December 10, 2019, the board of trustees (the "Board") of the Company authorized the Company to cause the listing of the Company Shares to be withdrawn from the New York Stock Exchange (the "NYSE") as of the close of trading on December 31, 2019. As a result, December 31, 2019 is expected to be the last day upon which the Company Shares will trade on the NYSE.

Unrelated to the Board's determination to withdraw the listing of the Company Shares from the NYSE, on December 10, 2019, the Company received written notification (the "NYSE Notice") from the NYSE that the Company was considered to be below the compliance standards set forth under Rule 802.01C of the NYSE Listed Company Manual because the average closing price of the Company Shares fell below $1.00 over a consecutive 30 trading-day period as of December 4, 2019. The Company has provided the NYSE with the notification required under the NYSE's continued listing rules to allow the Company Shares to continue to be listed on the NYSE through December 31, 2019.

Item 8.01 Other Events.

In accordance with the Plan of Voluntary Liquidation approved by the Board on July 11, 2019 and by the shareholders of the Company on September 4, 2019 (the "Plan"), the Company intends to terminate its existence by voluntary dissolution effective on January 1, 2020, at 12:01 A.M. Eastern Time (the "Effective Time").

As of the Effective Time, the Company will transfer all of its assets (subject to all of its liabilities) to a liquidating trust (the "Liquidating Trust") and all of the units of beneficial interests of the Liquidating Trust (the "Liquidating Trust Units") will be distributed to the shareholders of the Company, with each shareholder receiving one Liquidating Trust Unit for each Company Share then held of record by such shareholder. Simultaneously, all of the outstanding Company Shares will be cancelled and will thereafter no longer be deemed outstanding. The Liquidating Trust will seek to sell the Company's remaining assets as soon as practicable. However, there can be no assurance as to the likelihood, timing or pricing of any sale or sales of these remaining assets.

After being distributed to the Company's shareholders, the Liquidating Trust Units will not be transferable or assignable, except by will, intestate succession or operation of law. The Liquidating Trust Units will not be certificated and will not be listed on any exchange or quoted on any quotation system or otherwise tradeable in any public or private transactions.

For a discussion of the tax consequences of the transfer of the Company's assets to the Liquidating Trust and the distribution of the Liquidating Trust Units to the shareholders, please see "Material United Stated Federal Income Tax Consequences - Tax Consequences of the Liquidating Trust" beginning on page 77 of the definitive proxy statement filed by the Company with the Securities and Exchange Commission on August 5, 2019 in connection with the Plan. You are urged to consult your own tax advisor to determine the particular tax consequences to you of the transfer of the Company's assets to the Liquidating Trust and the distribution of the Liquidating Trust Units to the shareholders, including the applicability and effect of any U.S. federal, state and local and foreign tax laws.

On December 11, 2019, the Company issued a press release announcing, among other things, the Company intends to withdraw the Company Shares from the NYSE as of the close of trading on December 31, 2019. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

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Item 9.01 Financial Statements and Exhibits.




(d)  Exhibits.

 EXHIBIT
 NUMBER                                       DESCRIPTION

   99.1             Press Release of Spirit MTA REIT, dated December 11, 2019.

   104            The cover page from this Current Report on Form 8-K, formatted in
                  Inline XBRL (included as Exhibit 101).

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