other material
confidence high
sentiment neutral
materiality 0.15
IPC Real Estate Trust sells $150k of unregistered equity to accredited investor
IPC Alternative Real Estate Income Trust, Inc.
- Issued 6,471 Class X-1 shares at $23.1788/share for aggregate $150,000.
- Sale exempt under Section 4(a)(2) and Rule 506(c) of Securities Act.
- Shares exchangeable for Class X-2 shares at NAV if gross proceeds target met.