other_material
confidence high
sentiment neutral
materiality 0.25
Franklin BSP Real Estate Debt sells 774K shares for $19.5M in private offering
Franklin BSP Real Estate Debt, Inc.
- Total of 774,056.58 shares sold across Classes G, G-D, G-S, and E common stock.
- Aggregate consideration $19,517,676; includes $53,525 in selling commissions and fees.
- Share prices ranged from $25.00 (Class E) to $25.25 (Class G common).
- Sale exempt from registration under Section 4(a)(2) and Regulation D; shares may convert to Class I common on certain events.
item 3.02