secwatch.observer — SEC 8-K summary
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Issuer:     Belpointe PREP, LLC (OZ)
CIK:        0001807046
Form:       8-K
Filed at:   2026-03-09T23:59:59+00:00
Accession:  0001493152-26-009390
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Belpointe PREP subsidiary makes $5M convertible loan to fund Darien, CT property acquisition
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- BPOZ Tokeneke loaned $5M at 3.6% interest to 100 Tokeneke Road, LLC; convertible at $14.50/unit into Class A units of parent holding company.
- Related party (owned by CEO's immediate family) made separate $3.25M loan to same entity; $625K mandatory conversion gave 50% ownership of holding company.
- Both loans due March 3, 2026 (same day as execution); proceeds used to purchase property at 100 Tokeneke Road, Darien, CT.
- Transactions approved by Conflicts Committee of Board of Directors under Related Person Transaction policy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807046/000149315226009390/0001493152-26-009390-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807046/000149315226009390/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-009390

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