{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-009416","form_type":"8-K/A","ticker":"OZ","cik":"0001807046","company_name":"Belpointe PREP, LLC","filed_at":"2026-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.249934+00:00","generated_at":"2026-05-15T16:54:05.453789+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Belpointe PREP makes $5M convertible loan for Darien property; related party also lends $3.25M","bullets":["Indirect subsidiary BPOZ Tokeneke made $5M loan to 100 Tokeneke Road, LLC at 3.6% interest, due March 3, 2028.","Loan convertible into Class A units of Tokeneke Partners at $14.50 per unit, at BPOZ Tokeneke's sole discretion.","Related party (CEO family entity) made separate $3.25M loan; $625K mandatory conversion made it 50% owner of Tokeneke Partners.","Proceeds used by borrower to purchase real property at 100 Tokeneke Road, Darien, CT.","Conflicts Committee of Board reviewed and approved all transactions."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-009416","json":"https://secwatch.observer/filing/0001493152-26-009416.json","markdown":"https://secwatch.observer/filing/0001493152-26-009416.md","text":"https://secwatch.observer/filing/0001493152-26-009416.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1807046/000149315226009416/0001493152-26-009416-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1807046/000149315226009416/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T16:54:05.453789+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f8b6729ce54be3e99c6cd898269f267eab92dc40","claim":"Belpointe PREP, LLC entered into BPOZ Tokeneke Note with 100 Tokeneke Road, LLC valued at $5,000,000 (effective 2026-03-03).","evidence_excerpt":"On March 3, 2026, Belpointe PREP, LLC (“we,” “us,” “our” or the “Company”), through our indirect wholly-owned subsidiary BPOZ 100 Tokeneke Holding, LLC, a Connecticut limited liability company (“BPOZ Tokeneke”), made a loan (the “BPOZ Tokeneke Loan”) in the principal amount of $5,000,000, evidenced by a convertible promissory note (the “BPOZ Tokeneke Note”), to 100 Tokeneke Road, LLC, a Connecticut limited liability company (“Tokeneke Road”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1807046/000149315226009416/0001493152-26-009416-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"100 Tokeneke Road, LLC"},{"label":"Value","value":"$5,000,000"},{"label":"Effective","value":"2026-03-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}