Workflow
AIP Realty Trust Announces Non-Brokered Offering of Preferred Units and Provides Update on AllTrades Transaction and Concurrent Financing
Globenewswire·2025-06-09 11:00

VANCOUVER, British Columbia, June 09, 2025 (GLOBE NEWSWIRE) -- AIP Realty Trust (the "Trust" or "AIP") (TSXV: AIP.U) is pleased to announce a non-brokered private placement (the "Financing") in which the Trust intends to issue up to 14,000,000 Preferred Units – Series B Convertible (each, a "Preferred Unit"), at a price of US0.50perPreferredUnitforaggregategrossproceedsofuptoUS0.50 per Preferred Unit for aggregate gross proceeds of up to US7,000,000. The Trust is also pleased to provide an update on the progress of the AllTrades Transaction. As previously d ...