4 unchanged sentences
Set forth below is a chart describing the classes of our securities outstanding as of December 31, 2022:
−Removed: Title of Class Amount Authorized Amount Issued
+Added: Title of Class Amount Authorized Amount Outstanding
Common Stock, par value $0.001 per share 450,000,000 24,609,132
1 unchanged sentence
As of December 31, 2022, we had issued 24.6 million shares of Common Stock for net proceeds of $373.7 million, including the shares purchased by affiliates and shares issued under our distribution reinvestment plan (the “DRIP”).
−Removed: As of December 31, 2021, we had issued 5,000 shares of Series A Preferred Stock for gross proceeds of $5.0 million.
+Added: We had also issued 36,147 shares of Series A Preferred Stock for gross proceeds of $36.1 million.
As of December 31, 2022, we had 1,631 and 4 record holders of our Common Stock and Series A Preferred Stock, respectively.
13 unchanged sentences
We may have distributions which could be characterized as a return of capital for tax purposes.
−Removed: During the year ended December 31, 2021 and for the period ended December 31, 2020, no portion of our distributions were characterized as return of capital for tax purposes, respectively.
+Added: During the years ended December 31, 2022 and 2021, and for the period ended December 31, 2020, no portion of our distributions were characterized as return of capital for tax purposes, respectively.
Sales of Unregistered Securities
2 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.