6 unchanged sentences
Any of the foregoing limits might prevent us from accommodati ng all redemption requests made in any fiscal quarter or in any 12-month pe riod.
−Removed: As of September 30, 2023, the estimated per share NAV was $6.57, which was determined by the Board on December 19, 2022 using a valuation date of September 30, 2022.
−Removed: On November 9, 2023, the Board established an updated estimated per share NAV of the Company’s common stock, using a valuation date of September 30, 2023, of $6.31 per share.
−Removed: Commencing on November 14, 2023, $6.31 per share serves as the most recent estimated per share NAV for purposes of the share redemption program.
+Added: As of March 31, 2024, the estimated per share NAV was $6.09, which was determined by the Board on February 29, 2024 using a valuation date of January 31, 2024.
In general, we redeem shares on a quarterly basis.
1 unchanged sentence
Any redemption capacity that is not used as a result of the withdrawal or rejection of redemption requests may be used to satisfy the redemption requests of other stockholders received for that fiscal quarter, and such redemption payments may be made at a later time than when that quarter’s redemption payments are made.
−Removed: During the three months ended September 30, 2023, we redeemed shares, including those redeemable due to death, as follows:
+Added: During the three months ended March 31, 2024, we redeemed shares, including those redeemable due to death, as follows:
Redeemed Average Price
6 unchanged sentences
Plans or Programs
−Removed: July 1, 2023 - July 31, 2023 171 $ 6.57 171 (2)
−Removed: August 1, 2023 - August 31, 2023 1,701,465 $ 6.57 1,701,465 (2)
−Removed: September 1, 2023 - September 30, 2023 25,764 $ 6.57 25,764 (2)
+Added: January 1, 2024 - January 31, 2024 16,743 $ 6.57 16,743 (3)
+Added: February 1, 2024 - February 29, 2024 1,711,655 $ 6.31 1,711,655 (3)
+Added: March 1, 2024 - March 31, 2024 26,575 $ 6.32 (2) 26,575 (3)
Total 1,754,973 1,754,973 (3)
1 unchanged sentence
(1) Redemptions are included in the month of payment, which is made one business day following the trade date.
+Added: (2) Includes a prior period redemption.
(3) A description of the maximum number of shares that may be purchased under our share redemption program is included in the narrative preceding this table.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.