Wed, Aug 14, 8:02 PM (27 days ago)
On August 12, 2024, North Haven Net REIT reported the sale of 788,340 Class F-I common shares for approximately $15.82 million, based on the net asset value as of July 31, 2024. The shares were sold to feeder vehicles designed to hold the Class F-I and Class I common shares, with the transaction exempt from registration under the Securities Act due to Section 4(a)(2) and Rule 506 of Regulation D. This equity issuance reflects the company's ongoing capital raising efforts and may enhance its financial position by increasing liquidity. The transaction aligns with North Haven Net REIT's strategy as an emerging growth company, indicating potential for future growth and investment opportunities. The report was filed with the SEC as part of compliance with the Securities Exchange Act of 1934.