other_material
confidence high
sentiment neutral
materiality 0.25
EQT Exeter issues ~$2.0M in common shares via private placements to accredited investors
EQT Exeter Real Estate Income Trust, Inc.
- On Aug 11, issued 221.328 Class E shares at $11.23 to independent directors for ~$2.49K.
- Same day, issued 10,131.792 Class A-I shares at $10.56 (~$0.11M) and 4,956.892 Class A-II at $10.57 (~$52.39K).
- On Sept 2, issued 175,828.596 Class A-II shares at $10.56, raising ~$1.86M from accredited investors.
- All shares sold under distribution reinvestment plan; exempt under Section 4(a)(2) and Rule 506(c).
- EQT Partners BD, affiliate of external advisor, serves as dealer manager with no fees beyond expense reimbursement.
item 3.02