0001104659-24-010029.txt : 20240202 0001104659-24-010029.hdr.sgml : 20240202 20240202160902 ACCESSION NUMBER: 0001104659-24-010029 CONFORMED SUBMISSION TYPE: 1-U PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240201 ITEM INFORMATION: Other Events FILED AS OF DATE: 20240202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RAD Diversified REIT, Inc. CENTRAL INDEX KEY: 0001721469 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 822026337 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 1-U SEC ACT: 1933 Act SEC FILE NUMBER: 24R-00269 FILM NUMBER: 24591447 BUSINESS ADDRESS: STREET 1: 5404 CYPRESS CENTER DRIVE STREET 2: SUITE 320 CITY: TAMPA STATE: FL ZIP: 33609 BUSINESS PHONE: 833-723-7348 MAIL ADDRESS: STREET 1: 5404 CYPRESS CENTER DRIVE STREET 2: SUITE 320 CITY: TAMPA STATE: FL ZIP: 33609 1-U 1 tm245122d1_1u.htm FORM 1-U

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 1-U

 

Current Report Pursuant to Regulation A

 

Date of Report (Date of earliest event reported) February 1, 2024

 

RAD Diversified REIT, Inc.

(Exact name of issuer as specified in its charter)

 

Maryland 82-2026337 

(State or other jurisdiction of

incorporation or organization)

 (I.R.S. Employer Identification No.)

 

5404 Cypress Center Drive, Suite 320

Tampa, Florida 33609

(Full mailing address of principal executive offices)

 

855-909-9294

(Issuer’s telephone number, including area code)

 

Common Stock

(Title of each class of securities issued pursuant to Regulation A)

 

 

 

 

 

 

Item 9. Other Events

 

On February 1, 2024, the board of directors (the “Board”) of RAD Diversified REIT, Inc. (the “Company”) decided, in accordance with the terms of its Share Redemption Program, to temporarily freeze the Company’s redemption program, effective February 1, 2024.  The Company will not process any pending requests that have not been redeemed as of February 1, 2024 nor will it accept any redemption requests after February 1, 2024. Pending redemption requests will remain in queue until the Company recommences the redemption program. The Board intends to reassess this decision to determine whether to recommence the program or to continue to pause the program no later than April 1, 2024.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

By: /s/ Dutch Brandon Mendenhall  
Name:    Dutch Brandon Mendenhall  
Title: Chief Executive Officer  

 

Date: February 2, 2024