18 unchanged sentences
The net proceeds from our initial public offering were contributed to our operating partnership in exchange for 13,681,561 Class A units of limited partnership of our operating partnership.
−Removed: Through September 30, 2020, our operating partnership used the net proceeds as follows:
+Added: Through March 31, 2021, our operating partnership used all of the net proceeds as follows:
(a) approximately $0.1 million to redeem the outstanding shares of our 12.0% Series A Cumulative Non-Voting Preferred Stock, (b) approximately $50.0 million to repay borrowings under our revolving credit facility that were drawn after June 30, 2020 to fund acquisitions of properties, and (c) $177.2 million to fund additional acquisitions of properties.
−Removed: We intend to use the remainder of the net proceeds for general corporate purposes, including the acquisition of properties in our pipeline.
None of the proceeds were used to make payments to:
9 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.