75 per RXF share during the twelve-month period beginning with the closing of the Exchange Offers, subject to normal market conditions.
Nathan Leight, Chief Executive Officer of RXF and founder of Spring Asset Management LLC ("Spring"), RXF's investment adviser, said, "We are encouraged by the feedback we're getting from all market participants.
The Exchange Offers are subject to the satisfaction or waiver of certain conditions, as described in the Prospectus, including that RXF issue a minimum of 20,000,000 RXF Common Shares.
RXF will be advised by Spring Asset Management, LLC ("Spring").
25 per common share of RXF issued to their clients, up to a maximum of $5,000 per client.
The exchange offer is subject to the satisfaction or waiver of certain conditions, as described in the Offer to Exchange, including that RXF issue a minimum of 20,000,000 RXF Common Shares.
The exchange ratio is the number of RXF shares an investor would receive per share they exchange of the indicated Selected REIT.
THIS NOTICE IS NEITHER AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY ANY SECURITIES OR ANY INTEREST IN RXF OR ANY OTHER INVESTMENT FUND SPONSORED OR MANAGED BY SPRING ASSET MANAGEMENT LLC.