Invesco Commercial Real Estate Finance Trust Inc.
09/06/2024 | Press release | Distributed by Public on 09/06/2024 14:42
Private Placement Form 8 K
Item 3.02Unregistered Sales of Equity Securities.
Effective September 1, 2024, Invesco Commercial Real Estate Finance Trust, Inc. (the "Company") sold shares of common stock as follows:
|
Number of Shares Sold
|
Price Per Share
|
Upfront Selling Commissions |
Aggregate Consideration
|
|
|
Class S-1 Common Stock
|
357,025 | $25.1096 | $91,482 | $9,056,247 |
| Class S Common Stock | 597,912 | $25.0873 | - | $15,000,000 |
|
Class I Common Stock
|
778,707 | $25.0888 | - | $19,536,822 |
| Class E Common Stock | 594,111 | $25.2899 | - | $15,025,000 |
| Class D Common Stock | 598,270 | $25.0723 | - | $15,000,000 |
The number of shares sold includes 593,122 shares of Class E Common Stock, 597,876 shares of Class I Common Stock, 598,270 shares of Class D Common Stock and 597,912 shares of Class S Common Stock issued to Invesco Realty, Inc.
The price per share of each class of common stock was equal to the net asset value per share of each such class of common stock as of July 31, 2024, plus any upfront selling commissions.
The offer and sale of these shares was exempt from the registration provisions of the Securities Act of 1933, as amended, by virtue of Section 4(a)(2) thereunder as they did not involve any public offering.