Filing Analysis
Strawberry Fields REIT, Inc. announced a cash dividend of $0.17 per share for its common stock.
📋 Key Facts
- Dividend amount: $0.17 per share.
- Record date: September 16, 2026.
- Payment date: September 30, 2026.
- The dividend is a cash distribution on common stock.
Strawberry Fields REIT, Inc. filed an 8-K to announce the release of its financial results for the second quarter ended June 30, 2026. The filing serves as a vehicle to furnish a press release and investor presentation via Regulation FD disclosure.
📋 Key Facts
- Report date: August 6, 2026
- Reporting period: Three months ended June 30, 2026
- The company issued a press release (Exhibit 99.1) and an investor presentation (Exhibit 99.2)
- Information is furnished under Item 7.01 and not filed for purposes of the Exchange Act.
Strawberry Fields REIT, Inc. closed a $300 million Corporate Credit Facility on June 18, 2026, consisting of a $100 million term loan and a $200 million revolving credit facility with Popular Bank. The funds are intended for refinancing existing debt, supporting acquisitions, and working capital.
🚩 Red Flags
- Debt is secured by a continuing security interest in assets of the operating partnership (SFRLP).
- The use of proceeds includes 'refinance existing secured bank debt', indicating high leverage/debt turnover.
📋 Key Facts
- Closed Corporate Credit Facility (CCF) on June 18, 2026.
- Total facility availability: $300 million ($100M Term Loan; $200M Revolving Loan).
- Lender/Administrative Agent: Popular Bank.
- Term Loan interest rate: Greater of 1-month CME Term SOFR + 275 bps or 5.50% per annum.
- Revolving Loan interest rate: Greater of 1-month CME Term SOFR + 275 bps or 5.50% per annum.
- Maturity date: June 18, 2029 (with two one-year extension options).
- Security: Continuing security interest in a portion of the assets of Strawberry Fields Realty LP (SFRLP).
- Guarantees: Provided by Strawberry Fields REIT, Inc. and certain real estate subsidiaries.
Strawberry Fields REIT, Inc. has closed a $300 million Corporate Credit Facility consisting of a $100 million term loan and a $200 million revolving credit facility with Popular Bank. The facility is secured by assets of Strawberry Fields Realty LP and guaranteed by the Company.
🚩 Red Flags
- The facility is used to refinance 'existing secured bank debt,' indicating a need for liquidity management or refinancing of maturing obligations.
- The term loan is secured by assets of the operating entity (SFRLP) and guaranteed by the parent company, increasing the risk profile for equity holders.
📋 Key Facts
- Closed on June 18, 2026.
- Total facility size: $300 million ($100M Term Loan; $200M Revolving Credit).
- Interest rate: Greater of 1-month CME Term SOFR + 275 bps or a floor of 5.50% per annum.
- Maturity date: June 18, 2029, with two one-year extension options available.
- Lender/Administrative Agent: Popular Bank.
- Purpose of proceeds: Refinance existing secured bank debt, support acquisition growth, working capital, and general corporate purposes.
Strawberry Fields REIT, Inc. completed a $56 million unit offering in Israel consisting of NIS 1,000 Bonds (Series C) and Warrants (Series 1). The warrants are exercisable for up to 2,603,936 shares of common stock at an exercise price of NIS 39.8 (approximately $13.69) per share, expiring June 30, 2027.
🚩 Red Flags
- Dilution risk from the potential issuance of up to 2,603,936 shares of common stock upon warrant exercise.
- Complex cross-border capital structure with debt and warrants listed on the Tel Aviv Stock Exchange (TASE) but not in the US.
- Foreign exchange risk associated with bonds and warrants denominated in New Israeli Shekels (NIS).
📋 Key Facts
- Completed an offering of units solely within Israel under Regulation S on May 19, 2026.
- The offering yielded gross proceeds of approximately $56 million.
- Units consist of par value NIS 1,000 Bonds (Series C) and 16 Warrants (Series 1).
- Warrants are exercisable for 2,603,936 shares of common stock at an exercise price of NIS 39.8 (approx. $13.69 as of May 19, 2026) and expire on June 30, 2027.
- The underlying shares of common stock are registered under an effective Form S-3 registration statement.
Strawberry Fields REIT, Inc. issued a press release and investor presentation on May 8, 2026, reporting its financial results for the first quarter ended March 31, 2026.
📋 Key Facts
- The company reported financial results for the three months ended March 31, 2026.
- The filing includes a press release (Exhibit 99.1) and an investor presentation (Exhibit 99.2).
- The information is furnished under Item 7.01 and is not considered 'filed' for liability purposes under the Exchange Act.
Strawberry Fields REIT, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per share for the second quarter of 2026. The dividend is payable on June 30, 2026, to shareholders of record as of June 16, 2026.
📋 Key Facts
- Dividend amount is $0.17 per share of common stock.
- The dividend was declared by the Board of Directors on May 7, 2026.
- The record date for the dividend is June 16, 2026.
- The payment date is scheduled for June 30, 2026.
- The company is an emerging growth company as defined by the SEC.
Strawberry Fields REIT, Inc. reported the results of its 2026 annual meeting of shareholders held on May 7, 2026. Shareholders elected six directors and ratified the appointment of the company's independent auditor for the 2026 fiscal year.
🚩 Red Flags
- Significant 'Withhold' votes (approximately 22.8% of the non-broker vote) were recorded for directors Mark Myers, Stanford Gertz, and Ted Lerman.
📋 Key Facts
- The meeting was held on May 7, 2026, with 80.81% of the 13,398,307 outstanding shares represented.
- Six directors were elected to the board: Moishe Gubin, Michael Blisko, Jack Levine, Mark Myers, Stanford Gertz, and Ted Lerman.
- Hacker, Johnson & Smith, P.A. was ratified as the independent auditor for fiscal year 2026 with 10,433,324 votes in favor.
- A proposal to approve the adjournment of the meeting, if necessary, was also passed.
Strawberry Fields REIT, Inc. has amended its At-The-Market (ATM) sales agreement to update its roster of sales agents. The company added Cantor Fitzgerald & Co. and removed Wedbush Securities Inc. while simultaneously filing updated risk factors.
🚩 Red Flags
- The ATM facility allows for ongoing equity dilution as shares are sold into the market.
📋 Key Facts
- Entered into Amendment No. 2 to At Market Issuance Sales Agreement on April 14, 2026.
- Cantor Fitzgerald & Co. was added as a sales agent.
- Wedbush Securities Inc. was removed as a sales agent.
- B. Riley Securities, Inc. and A.G.P./Alliance Global Partners remain as agents.
- The offering is conducted under an existing Form S-3 registration statement (File No. 333-280766).
- Updated risk factors were filed as Exhibit 99.1 to the report.
Strawberry Fields REIT, Inc. announced a quarterly cash dividend of $0.16 per share for the first quarter of 2026. The dividend is payable on March 31, 2026, to shareholders of record as of March 17, 2026.
📋 Key Facts
- Board of Directors declared a $0.16 per share cash dividend on February 26, 2026
- Dividend record date is March 17, 2026
- Dividend payment date is March 31, 2026
- The company also announced the date for its 2026 Annual Stockholder Meeting
Strawberry Fields REIT, Inc. (STRW) filed an 8-K on February 19, 2026 to disclose its annual financial results for the year ended December 31, 2025. The filing attaches a press release (Exhibit 99.1) and an investor presentation (Exhibit 99.2), both furnished under Regulation FD. This is a routine annual earnings release with no unusual items or red flags in the filing itself.
🚩 Red Flags
- Actual financial results are in exhibits not provided for review — underlying performance metrics could not be assessed
- Emerging growth company status may indicate limited operating history and reduced disclosure requirements
📋 Key Facts
- Company released annual financial results for FY2025 (year ended December 31, 2025) via press release and investor presentation on February 19, 2026
- Strawberry Fields REIT is a Maryland-incorporated REIT headquartered in South Bend, Indiana (6101 Nimtz Parkway)
- Listed on NYSE American under ticker STRW with $0.00001 par value common stock
- Company is classified as an emerging growth company under SEC rules
- CEO and Chairman is Moishe Gubin
- Exhibits are 'furnished' (not 'filed') under Reg FD — standard treatment that limits liability and incorporation by reference
- Actual financial figures are contained in Exhibit 99.1 (press release) and Exhibit 99.2 (investor presentation), which were not included in the provided filing text
Strawberry Fields REIT, Inc. announced a significant compensation package for its CEO and Chairman, Moishe Gubin, including 114,504 limited partnership units in the operating partnership (OP) and substantial salary/bonus increases retroactive to July 2024.
🚩 Red Flags
- Related-party transaction: Compensation granted to the Chairman and CEO via the Operating Partnership (OP).
- Retroactive compensation: The salary and bonus increases are backdated to July 2024, which can be a red flag for governance or accounting irregularities.
- High executive compensation relative to typical micro-cap scales.
📋 Key Facts
- Effective date of compensation changes: January 29, 2026.
- CEO Moishe Gubin granted 114,504 limited partnership units in Strawberry Fields Realty LP (the 'OP').
- Annual salary increased to $700,000.
- Annual bonus set at $700,000.
- Compensation increases are retroactive to July 2024.
Strawberry Fields REIT, Inc. filed an 8-K to update its risk factors (Exhibit 99.1) and provide updated material U.S. federal tax considerations for investors (Exhibit 99.2). The filing serves as a formal modification of previous disclosures in the company's registration statements.
📋 Key Facts
- The filing updates the 'Risk Factors' section of the company's regulatory disclosures via Exhibit 99.1.
- The filing provides updated material U.S. federal tax considerations relevant to capital stock investment via Exhibit 99.2.
- These new disclosures supersede and modify previous information provided in prior registration statements or prospectuses.
Strawberry Fields REIT, Inc. has declared a cash dividend of $0.16 per share for its common stock.
📋 Key Facts
- Dividend amount: $0.16 per share.
- Record date: December 16, 2025.
- Payment date: December 30, 2025.
Strawberry Fields REIT, Inc. filed an 8-K to furnish a press release and investor presentation regarding its financial results for the third quarter ended September 30, 2025.
📋 Key Facts
- The filing relates to financial results for the three months ended September 30, 2025.
- Company issued a press release (Exhibit 99.1) and an investor presentation (Exhibit 99.2).
- Information is furnished under Item 7.01 Regulation FD Disclosure and not filed for purposes of the Exchange Act.
This is an amendment to a previous 8-K filing, submitted to provide the required financial statements and pro forma information following the acquisition of nine healthcare facilities in Missouri completed on July 1, 2025.
🚩 Red Flags
- Delayed filing of required financial statements/pro forma info (the company is using the 71-day extension allowed under Item 9.01).
📋 Key Facts
- Amendment (8-K/A) filed on September 9, 2025, regarding an initial filing from July 2, 2025.
- The acquisition involves 'Missouri Portfolio Group 2', consisting of 9 healthcare facilities in Missouri.
- Includes combined statements of revenues and certain expenses for the year ended Dec 31, 2024, and six months ended June 30, 2025.
- Provides unaudited pro forma condensed combined financial information including balance sheet and income statements.
Strawberry Fields REIT, Inc. filed an 8-K to announce the release of its financial results for the second quarter ended June 30, 2025 via a press release and investor presentation.
📋 Key Facts
- The filing relates to financial results for the three months ended June 30, 2025.
- The company issued a press release (Exhibit 99.1) and an investor presentation (Exhibit 99.2) on August 8, 2025.
- Information is provided under Item 7.01 (Regulation FD Disclosure) and is considered 'furnished' rather than 'filed'.
Strawberry Fields REIT, Inc. announced a cash dividend of $0.16 per share for its common stock.
📋 Key Facts
- Dividend amount: $0.16 per share.
- Record date: September 16, 2025.
- Payment date: September 30, 2025.
- Declaration date: August 7, 2025.
Strawberry Fields REIT, Inc. has completed the acquisition of nine healthcare facilities in Missouri for a total purchase price of $59 million. The transaction was finalized on July 1, 2025, using cash and $2.0 million in OP Units.
🚩 Red Flags
- Significant cash outlay ($57M remainder) relative to the micro-cap scale may impact liquidity.
📋 Key Facts
- Acquisition closed on July 1, 2025.
- Total purchase price: $59,000,000 (includes a previously paid $2,000,000 deposit).
- Assets include nine healthcare facilities in Missouri totaling 686 licensed beds.
- Payment structure: Cash on hand and $2.0 million in OP Units of Strawberry Fields REIT LP.
- Lease terms for existing master leases were reset to original terms upon acquisition.
Strawberry Fields REIT, Inc. announced the issuance of approximately $87.6 million in Series B Bonds on June 23, 2025. The offering was conducted exclusively in Israel and trades on the Tel Aviv Stock Exchange.
🚩 Red Flags
- Significant debt obligation with a large 'balloon' payment (88% of principal) due in June 2029.
- Geographic concentration/regulatory exposure: The offering was conducted exclusively in Israel.
📋 Key Facts
- Issued approximately $87.6 million (net of fees) of Series B Bonds.
- The offering was registered and conducted exclusively in Israel; bonds trade on the Tel Aviv Stock Exchange Ltd.
- Interest rate is set at 6.70% per annum.
- Principal repayment schedule includes four installments: 4% each on June 30 of 2026, 2027, and 2028; and a final 88% payment on June 30, 2029.
- Interest payments are due semi-annually (Dec 31 and June 30) from Dec 31, 2025, through June 30, 2029.
- Proceeds are earmarked for ongoing operations, repayment of existing bank debts, and property acquisitions.
Strawberry Fields REIT, Inc. has amended its At-the-Market (ATM) issuance sales agreement to add Wedbush Securities Inc. as an agent and increased the total offering size to $50 million.
🚩 Red Flags
- Increased ATM capacity ($50M) often indicates a need for immediate liquidity or capital to fund operations/acquisitions.
- Potential dilution for existing shareholders through the issuance of common stock.
📋 Key Facts
- Amendment No. 1 to At Market Issuance Sales Agreement signed on June 4, 2025.
- Wedbush Securities Inc. added to the group of Agents alongside B. Riley Securities, Inc., A.G.P./Alliance Global Partners.
- The total size of the offering under the agreement and amendment is increased to $50.0 million.
- Shares are being offered as common stock pursuant to a Form S-3 registration statement dated July 25, 2024.
Strawberry Fields REIT, Inc. entered into an agreement to acquire nine healthcare facilities in Missouri for $59 million. The acquisition involves 686 licensed beds and is expected to close by July 1, 2025.
🚩 Red Flags
- Non-refundable $2,000,000 deposit if the Company breaches the agreement (liquidated damages).
- Acquisition is 'as-is' with limited representations from sellers.
- Reliance on third-party lender financing to complete the transaction.
📋 Key Facts
- Acquisition of nine healthcare/skilled nursing facilities in Missouri from multiple sellers (Humansville Realty LLC et al.).
- Total purchase price: $59,000,000.
- Deposit required: $2,000,000 (non-refundable except as specifically provided).
- Closing date target: On or before July 1, 2025.
- The facilities include 686 licensed beds under existing master lease agreements with third-party tenants.
- Funding to be sourced from current working capital and a third-party lender.
Strawberry Fields REIT, Inc. announced a cash dividend of $0.14 per share on its common stock.
📋 Key Facts
- Dividend amount: $0.14 per share in cash.
- Record date: June 16, 2025.
- Payment date: June 30, 2025.
Strawberry Fields REIT, Inc. filed an 8-K to announce the release of its financial results for the first quarter ended March 31, 2025 via press release and investor presentation.
📋 Key Facts
- Company released Q1 2025 financial results on May 9, 2025.
- The filing includes a press release (Exhibit 99.1) and an investor presentation (Exhibit 99.2).
- Information is provided under Item 7.01 (Regulation FD Disclosure).
Strawberry Fields REIT, Inc. reported the results of its 2025 annual meeting of shareholders held on May 1, 2025. The company successfully elected six directors and ratified its independent auditor for fiscal year 2025.
📋 Key Facts
- Annual meeting held on May 1, 2025.
- 82.21% of outstanding shares (10,073,285 out of 12,253,619) were represented at the meeting.
- Six directors elected: Moishe Gubin, Michael Blisko, Jack Levine, Mark Myers, Stanford Gertz, and Ted Lerman.
- Hacker, Johnson & Smith, P.A. was ratified as independent auditor for fiscal year 2025 with 9,894,585 votes in favor.
Strawberry Fields REIT, Inc. filed an 8-K to provide a presentation regarding its financial results for the fiscal year ended December 31, 2024, and the first quarter ended March 31, 2025.
📋 Key Facts
- The company issued an investor presentation on May 1, 2025 (Exhibit 99.1).
- The presentation covers financial results for FY 2024 and Q1 2025.
- Information is furnished under Item 7.01 of Form 8-K and is not considered 'filed' for liability purposes.
This is an amendment (8-K/A) to a previous filing, providing the required financial statements and pro forma information related to the acquisition of 6 healthcare facilities in Kansas completed on January 2, 2025.
🚩 Red Flags
- Delayed filing: The company is providing these statements via an amendment because they were omitted in the initial January 6 report, utilizing the 71-day grace period allowed under Item 9.01.
📋 Key Facts
- The filing is an amendment to an Initial Form 8-K filed on January 6, 2025.
- The company acquired 6 healthcare facilities located in Kansas (Kansas Properties Group) on January 2, 2025.
- Includes combined statements of revenues and certain expenses for the years ended December 31, 2024, and 2023.
- Provides unaudited pro forma condensed combined financial information including balance sheet and income statements.
Strawberry Fields REIT, Inc. issued a presentation regarding its financial results for the fiscal year ended December 31, 2024. This is a routine regulatory disclosure under Regulation FD.
📋 Key Facts
- Report date: March 3, 2025
- The company released an investor presentation covering FY 2024 financial results.
- Information was furnished pursuant to Item 7.01 (Regulation FD Disclosure).
- The filing includes Exhibit 99.1 containing the investor presentation.
Strawberry Fields REIT, Inc. announced its 2024 year-end financial results and declared a quarterly cash dividend of $0.14 per share.
📋 Key Facts
- Company issued press release regarding financial results for the fiscal year ended December 31, 2024.
- Board of Directors declared a cash dividend of $0.14 per share on February 21, 2025.
- Dividend record date is March 17, 2025; payment date is March 31, 2025.
This is an amendment to a previous 8-K filing, submitted to provide the required financial statements and pro forma information following the acquisition of 8 healthcare facilities in Missouri completed on December 19, 2024.
🚩 Red Flags
- Delayed filing of required financial information following a material asset acquisition (initial omission in the Dec 20 report).
📋 Key Facts
- Acquisition of 8 healthcare facilities located in Missouri (Missouri Properties Group) was completed on December 19, 2024.
- Filing is an Amendment (Form 8-K/A) to satisfy Item 9.01 requirements omitted in the initial filing on December 20, 2024.
- Includes combined statements of revenues and certain expenses for the year ended Dec 31, 2023, and nine months ended Sept 30, 2024.
- Provides unaudited pro forma condensed combined financial information including balance sheet and income statements.
Strawberry Fields REIT, Inc. completed the acquisition of six healthcare facilities in Kansas for $24 million on January 2, 2025. The assets consist of five skilled nursing facilities and one assisted living facility totaling 354 licensed beds.
🚩 Red Flags
- Acquisition was funded entirely via 'working capital' rather than debt or equity issuance, which may impact liquidity depending on the scale of working capital available.
📋 Key Facts
- Acquisition closed on January 2, 2025.
- Total purchase price: $24,000,000.
- Assets include six healthcare facilities (5 skilled nursing, 1 assisted living) in Kansas.
- The acquisition was funded using the Company's working capital.
- Facilities are subject to a new 10-year master lease with third-party tenants on a triple net basis.
- Lease includes two five-year extension options.
Strawberry Fields REIT, Inc. entered into an agreement to acquire six healthcare facilities in Kansas for $24 million. The acquisition includes five skilled nursing facilities and one assisted living facility with 354 licensed beds.
🚩 Red Flags
- The $750,000 deposit is non-refundable in most scenarios, representing a significant cash outlay if due diligence fails to meet expectations.
- Acquisition is being funded via 'current working capital' rather than new debt or equity, which may strain liquidity depending on the company's existing cash position.
📋 Key Facts
- Purchase price: $24,000,000 payable at closing.
- Deposit amount: $750,000 (non-refundable except as otherwise provided).
- Asset details: 6 facilities in Kansas; 354 licensed beds total (5 skilled nursing, 1 assisted living).
- Lease structure: New 10-year master lease with triple net (NNN) terms and two 5-year extension options.
- Financing: Balance to be paid using current working capital.
- Due diligence period ends February 3, 2025.
Strawberry Fields REIT, Inc. completed the acquisition of eight healthcare facilities in Missouri for a total purchase price of $87,500,000. The transaction involves 1,111 licensed beds currently operating under a triple-net master lease.
🚩 Red Flags
- Significant capital outlay ($87.5M) relative to typical micro-cap scale, potentially increasing leverage via the mentioned third-party lender.
📋 Key Facts
- Closed on acquisition on December 19, 2024.
- Total purchase price: $87,500,000 (including a $2.5M deposit previously paid).
- Acquired eight healthcare facilities in Missouri from GAHC4 entities.
- The assets consist of 1,111 licensed beds.
- Facilities are under an initial 15-year master lease; currently in year 6.
- Lease terms include two 10-year extension options and operate on a triple net basis.
- Funding sourced from third-party lender and existing working capital.
Strawberry Fields REIT, Inc. announced the election of three new independent directors to its Board of Directors, effective December 18, 2024.
📋 Key Facts
- Effective date: December 18, 2024.
- New directors elected: Stanford Gertz, Ted Lerman, and Mark L. Myers.
- The new directors meet NYSE American independence standards.
- No related-party transactions were identified for the new appointees.
Strawberry Fields REIT, Inc. entered into an underwriting agreement to sell 3,333,334 shares of common stock at $10.50 per share. The offering was conducted via Janney Montgomery Scott LLC and is part of a previously filed S-3/A registration statement.
🚩 Red Flags
- Potential dilution for existing shareholders due to the issuance of over 3.3 million new shares.
📋 Key Facts
- Underwriting agreement dated December 5, 2024, with Janney Montgomery Scott LLC.
- Sale of 3,333,334 'Firm Shares' at an initial price of $10.50 per share.
- Underwriters granted a 30-day option to purchase up to 500,000 additional shares.
- Shares were issued and delivered on December 6, 2024.
- Offering conducted under Form S-3/A filed July 25, 2024.
Strawberry Fields REIT, Inc. filed an 8-K to provide a presentation regarding its financial results for the quarter ended September 30, 2024.
📋 Key Facts
- The company issued an investor presentation on November 8, 2024.
- The presentation covers financial results for the fiscal quarter ending September 30, 2024.
- Information is provided under Item 7.01 (Regulation FD Disclosure) and is considered 'furnished' rather than 'filed'.
Strawberry Fields REIT, Inc. announced its quarterly financial results for the period ending September 30, 2024, and declared a cash dividend of $0.14 per share.
📋 Key Facts
- Quarterly earnings press release issued on November 8, 2024 (Exhibit 99.1).
- Board of Directors declared a cash dividend of $0.14 per share.
- Dividend record date: December 16, 2024.
- Dividend payment date: December 30, 2024.
Strawberry Fields REIT, Inc. entered into a definitive agreement to acquire eight healthcare facilities in Missouri for $87.5 million. The acquisition includes 1,111 licensed beds and is expected to close before year-end.
🚩 Red Flags
- Non-refundable $2.5M deposit is at risk if the company fails to close due to breach of contract (liquidated damages clause).
- Acquisition is subject to substantial conditions to closing.
- The purchase is 'as-is', shifting significant inspection/due diligence responsibility to the buyer.
📋 Key Facts
- Acquisition of eight skilled nursing facilities located in Missouri from GAHC4 entities.
- Total purchase price: $87,500,000.
- Non-refundable deposit of $2,500,000 has been made.
- The facilities are currently under a 15-year master lease (6 years remaining) on a triple net basis.
- Total capacity: 1,111 licensed beds.
- Funding to be sourced from third-party debt and existing working capital.
Strawberry Fields REIT, Inc. filed an 8-K to disclose a presentation regarding its financial results for the quarter ended June 30, 2024.
📋 Key Facts
- The company issued an investor presentation on August 12, 2024.
- The presentation covers financial results for the fiscal quarter ending June 30, 2024.
- Information is provided under Item 7.01 (Regulation FD Disclosure) and is considered 'furnished' rather than 'filed'.
Strawberry Fields REIT, Inc. announced its quarterly financial results for the period ending June 30, 2024, and declared a cash dividend of $0.13 per share.
📋 Key Facts
- Quarterly earnings press release issued on August 12, 2024 (Exhibit 99.1).
- Board of Directors declared a cash dividend of $0.13 per share.
- Dividend record date is September 16, 2024.
- Dividend payment date is September 30, 2024.
Strawberry Fields REIT, Inc. issued approximately NIS 146 million (~$38 million) in Series A Bonds due September 2026 to be listed on the Tel Aviv Stock Exchange. The proceeds are intended for working capital and potentially redeeming existing debt.
🚩 Red Flags
- Currency risk: Debt is denominated in NIS, creating exchange rate volatility for a US-listed entity (STRW).
- Debt usage: Proceeds may be used for 'redemption of outstanding debt,' which can sometimes indicate refinancing existing high-interest obligations.
📋 Key Facts
- Issued approx. NIS 146 million ($38 million USD) in Series A Bonds.
- Maturity date: September 30, 2026.
- Interest rate: 6.97% per annum.
- The bonds are unsecured obligations denominated in Israeli shekels (NIS).
- Trustee is Mishmeret Trust Services Company Ltd.
- Bonds were offered to investors outside the United States via Regulation S.
Strawberry Fields REIT, Inc. held its 2024 annual meeting of stockholders on May 30, 2024. The company successfully elected five directors and approved proposals regarding the ratification of its independent auditor and an amendment to its Equity Incentive Plan.
📋 Key Facts
- Annual Meeting held on May 30, 2024; Record Date was April 16, 2024.
- Quorum was established with 4,863,822 shares represented (out of 6,458,014 total outstanding).
- Five directors were elected: Moishe Gubin, Essel Bailey, Michael Blisko, Jack Levine, and Reid Shapiro.
- Proposal 2 was approved to ratify Hacker, Johnson & Smith, P.A. as the independent auditor for fiscal year ending Dec 31, 2024.
- Proposal 3 was approved regarding an amendment to the Company's 2021 Equity Incentive Plan.
Strawberry Fields REIT, Inc. filed an 8-K to provide a presentation regarding its financial results for the quarter ended March 31, 2024.
📋 Key Facts
- The filing is pursuant to Item 7.01 (Regulation FD Disclosure).
- An investor presentation dated May 31, 2024, was issued as Exhibit 99.1.
- The information provided in the presentation is considered 'furnished' rather than 'filed', limiting liability under Section 18 of the Exchange Act.
Strawberry Fields REIT, Inc. filed an 8-K to announce the release of its financial results for the fiscal quarter ended March 31, 2024.
📋 Key Facts
- Report date: May 14, 2024
- Reporting period: Quarter ended March 31, 2024
- The company is an emerging growth company.
- Financial results were released via press release (Exhibit 99.1).
Strawberry Fields REIT, Inc. announced a cash dividend of $0.13 per share on its common stock.
📋 Key Facts
- Dividend amount: $0.13 per share.
- Record date: June 17, 2024.
- Payment date: June 28, 2024.
Strawberry Fields REIT, Inc. filed an 8-K to provide a presentation regarding its financial results for the fiscal year ended December 31, 2023.
📋 Key Facts
- The filing was made on April 4, 2024.
- The company issued an investor presentation (Exhibit 99.1) covering FY2023 financial results.
- Information is provided under Item 7.01 (Regulation FD Disclosure) and is considered 'furnished' rather than 'filed'.
Strawberry Fields REIT, Inc. announced the authorization of Rule 10b5-1 trading plans to facilitate its existing $5 million share repurchase program. This move is intended to allow for more efficient stock repurchases while complying with insider trading laws and blackout periods.
📋 Key Facts
- Board authorized a share repurchase program on November 9, 2023, for up to $5 million of common stock through the remainder of 2024.
- On March 8, 2024, the Board authorized the use of Rule 10b5-1 written trading plans to facilitate repurchases.
- Repurchases will be conducted via open market purchases, privately-negotiated transactions, or block purchases.
- The company is an emerging growth company.
Strawberry Fields REIT, Inc. announced a cash dividend declaration of $0.12 per share for its common stock.
📋 Key Facts
- Dividend amount: $0.12 per share in cash.
- Record date: March 21, 2024.
- Payment date: March 28, 2024.