M&A
confidence high
sentiment positive
materiality 0.70
Belpointe PREP completes BREIT merger; Class A units to trade on NYSE American Oct 18
Belpointe PREP, LLC
- Acquired BREIT, LLC via merger; each Belpointe REIT share exchanged for 1.05 Class A units.
- 764,898 shares tendered (64.27% of outstanding); minimum condition satisfied.
- Class A units (symbol OZ) begin trading on NYSE American on October 18, 2021.
- Belpointe PREP is the first publicly traded qualified opportunity fund on a national exchange.