debt
confidence high
sentiment neutral
materiality 0.50
Strawberry Fields REIT raises ~$17M via Israeli bond/warrant offering
Strawberry Fields REIT, Inc.
- Gross proceeds ~$17M from Series D bonds and Series 2 warrants sold under Regulation S.
- Bonds bear 7.5% annual interest; principal repayable in four installments through Dec 31, 2031.
- Warrants exercisable at NIS 46 (~$15.12) until Dec 30, 2027, each for one share.
- Warrants to list on TASE; underlying shares to be registered via Form S-3 prospectus supplement.
- Deed of Trust with Mishmeret Trust Services Ltd. governs bond trustee arrangements.