Belpointe OZ Reschedules Annual Meeting
Belpointe PREP, LLC (NYSE American: OZ) announces that its annual meeting of unitholders has been postponed to a later date due to insufficient attendance. This meeting was initially set to occur earlier in December but lacked the necessary quorum required to proceed with the scheduled agenda.
New Meeting Date and Details
The reconvened Annual Meeting will now take place on January 24, 2025, at noon Eastern Time. The venue will remain at the Company's corporate headquarters. Unitholders interested in attending are encouraged to connect with the Investor Relations team for any questions regarding attendance and the meeting particulars.
Understanding Quorum Requirements
A quorum is the minimum number of units that must be represented to conduct business at a meeting. Since the number of unitholders in attendance was insufficient on the original date, it was necessary to adjourn the meeting to ensure compliance with these regulations. Unitholders who already submitted their proxies or votes are still validated and do not need to take further action unless they wish to make changes.
No Changes to Meeting Agenda
Despite the rescheduling, there are no alterations to the agenda or the matters that will be voted on during the meeting. Belpointe OZ encourages all unitholders to review the most recent definitive proxy statement filed with the U.S. Securities and Exchange Commission (SEC). This includes vital information regarding the Company’s operations and strategic direction, essential for informed decision-making.
Proxy Materials
For those seeking additional information, proxy materials are available upon request. Interested unitholders can obtain copies via phone, mail, or email. The Investor Relations team is available to assist with inquiries regarding the proxy materials.
About Belpointe OZ
Belpointe OZ operates as a qualified opportunity fund listed on the NYSE under the ticker symbol “OZ.” The Company boasts an impressive development pipeline with over 2,500 units spread across multiple cities, representing a project investment exceeding $1.3 billion.
Important Investment Considerations
Belpointe OZ has registered Statements with the SEC, allowing the offering of Class A units, which represent limited liability interests in the fund. Unitholders must familiarize themselves with the associated risks and benefits outlined in the prospectus before investing. It's crucial to be aware of potential risks including total investment loss and the specific financial structuring of the Class A units.
For requesting the latest prospectus or any financial documents, the Investor Relations team encourages unitholders to reach out via the provided communication channels.
Investor Relations Contact
For any investor inquiries or media-related questions, unitholders can contact:
Cody H. Laidlaw
Belpointe PREP, LLC
255 Glenville Road
Greenwich, Connecticut
Phone: 203-883-1944
Email: IR@belpointeoz.com
Frequently Asked Questions
What is the purpose of the Annual Meeting?
The Annual Meeting allows unitholders to discuss company performance, vote on important matters, and engage directly with the company's management team.
Why was the meeting adjourned?
The meeting was adjourned due to not achieving a quorum, which is the minimum number of unitholders required to conduct business.
When will the Annual Meeting be held?
The Annual Meeting will reconvene on January 24, 2025, at noon Eastern Time.
How can unitholders participate in the meeting?
Unitholders can participate by attending in person after contacting the Investor Relations team for details.
Where can I find additional information about Belpointe OZ?
Additional information about Belpointe OZ can be found in the SEC filings, including the definitive proxy statement, or by contacting the Investor Relations team.
