other_material
confidence high
sentiment neutral
materiality 0.50
FrontView REIT raises $25M via sale of Series A Convertible Preferred Stock
FrontView REIT, Inc.
- Issued 250,000 Series A Convertible Preferred shares at $100/share for $25M gross proceeds.
- Dividend rate of 6.75% per annum, stepping up to 12% if not converted within four years.
- Proceeds contributed to FrontView Operating Partnership LP in exchange for 250,000 Series A Preferred Units.
- Series A Preferred is convertible into FVR common stock; terms mirror those filed in November 2025 8-K.
- Partnership agreement amendment also clarifies distributions for performance-vesting LTIP Units.
item 1.01item 9.01