IPO - 1st stREIT Office Inc.
Form Type: 253G2
Filing Date: 2025-01-10
Corporate Action: Ipo
Type: New
Accession Number: 000110465925002411
Filing Summary: 1st stREIT Office Inc., a Maryland corporation sponsored by Tryperion Holdings LLC, has filed an offering circular to raise up to $47,240,676 through the sale of common stock shares. The company aims to utilize the proceeds to diversify its portfolio primarily in office properties located in favorable risk-return markets. As of October 31, 2024, in a previous ongoing offering, approximately $22 million was raised under Regulation A of the Securities Act. The offering is being made to existing investors only and adheres to regulations allowing for a Tier 2 offering under Regulation A, exempting it from certain state law reviews. The initial share price is set at $7.14, with a minimum investment of $1,000. The company has engaged Securitize, Inc. for compliance and transactional services. The potential risks include limited operating history, dependence on management for investment decisions, and potential conflicts of interest.
Document Link: View Document
Additional details:
Per Share Price: $7.14
Total Maximum Public Offering Price: $47,240,676
Maximum Offering Amount Raised: $22,000,000
Minimum Investment Amount: $1,000
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