IPO - RealtyMogul Apartment Growth REIT, Inc.

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Form Type: 253G2

Filing Date: 2025-06-30

Corporate Action: Ipo

Type: Update

Accession Number: 000164117225017112

Filing Summary: This supplement updates the Offering Circular dated August 21, 2024, regarding RealtyMogul Apartment Growth REIT, Inc.'s Second Follow-on Offering and distributions. The Second Follow-on Offering, which began on August 21, 2024, aims to raise up to $71,628,340 by offering shares of common stock. As of May 31, 2025, approximately $65,809,000 has been raised and approximately 6,347,000 shares have been issued to around 3,600 investors. Additionally, requests for share repurchases have exceeded the limits set in the share repurchase program. Distributions authorized by the board of directors include daily cash distributions from April 1, 2025, to June 30, 2025, with varying amounts per share. The expected payment date for these distributions is around July 15, 2025. The distributions represent approximately 4.5% of the net asset value based on current share prices.

Additional details:

Status Of Second Follow On Offering: up to $71,628,340 offered; $65,809,000 raised as of May 31, 2025


Share Repurchase Requests: exceeded limits of the share repurchase program


Distributions Period: April 1, 2025 to June 30, 2025


Expected Payment Date: around July 15, 2025


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