Strawberry Fields REIT, a self-administered real estate investment trust focused on skilled nursing and certain other healthcare-related properties, filed a registration statement with the SEC for a proposed direct listing of its common stock on the Nasdaq.
The offering consists of up to 1,516,286 shares of common stock.
As of the date of the prospectus, the registered stockholders held 25.9% of the REIT’s outstanding capital stock. None are affiliates of the company.
Because the company is a qualifying REIT, its charter limits any stockholder from beneficially or constructively owning more than 9.8% of the aggregate outstanding or preferred shares. Read more.
