News

Belpointe OZ Annual Meeting Rescheduled and Compliance Update

Belpointe OZ Annual Meeting Rescheduled and Compliance Update

Belpointe OZ Announces New Date for Annual Meeting

Today, Belpointe PREP, LLC (NYSE American: OZ) has officially announced the rescheduling of its annual meeting to January 28, 2025. This decision was made to ensure that unitholders receive additional materials necessary for informed attendance at the meeting.

Details on the Annual Meeting

The meeting will take place at 12:00 p.m. E.T. Here at Belpointe, we care deeply about our unitholders and want to make sure everyone has adequate information before voting. For those planning to attend in person, please don't hesitate to reach out to our Investor Relations team at 1-833-828-2721 or via email at IR@belpointeoz.com.

Record Date and Voting Information

Unitholders should note that the record date for the meeting remains unchanged as October 30, 2024. If you’ve already cast your proxy vote and do not wish to revise it, there’s no need for further action on your part.

Understanding Compliance with NYSE Standards

In related news, Belpointe OZ received notification from NYSE American regarding compliance with continued listing standards. Due to the annual meeting not being held by December 31, 2024, the Company is now considered noncompliant.

Moving Forward with Compliance

Despite this challenge, Belpointe OZ is fully committed to addressing this issue and will work diligently to hold the upcoming annual meeting as scheduled. We aim to regain compliance swiftly, ensuring our ticker symbol does not carry a below compliance indicator.

Commitment to Unitholders

Belpointe OZ is steadfast in its dedication to maintaining its listing on the NYSE American, and we assure our unitholders that we are taking all necessary steps to meet the listing standards.

About Belpointe OZ

Belpointe OZ is recognized as a qualified opportunity fund, publicly traded and listed on the NYSE American under the ticker symbol “OZ.” Currently, we have an impressive development pipeline of over 2,500 units across four cities, with a total project investment exceeding $1.3 billion.

Investment Opportunities

Additionally, the Company has filed registration statements with the U.S. Securities and Exchange Commission to offer up to $1.5 billion worth of Class A units. Potential investors are encouraged to review the most recent prospectus and related documents for detailed information on investments with Belpointe OZ.

Frequently Asked Questions

1. What is the new date for the Belpointe OZ annual meeting?

The annual meeting has been rescheduled to January 28, 2025.

2. How can unitholders participate in the annual meeting?

Unitholders can attend the meeting in person by contacting Belpointe OZ's Investor Relations team for details.

3. What was the reason for noncompliance with NYSE standards?

The Company did not hold its annual meeting by the required deadline, which led to noncompliance issues.

4. How is Belpointe OZ ensuring compliance going forward?

The Company is focusing on conducting the annual meeting as scheduled to regain compliance with NYSE listing standards.

5. Where can I find more information about Belpointe OZ's investments?

Detailed investment information can be found in the Company’s most recent prospectus and filings, available through the SEC and Belpointe's investor website.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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