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AIP Realty Trust Closes First Tranche of Non-Brokered Offering of Preferred Units
Globenewswire· 2025-10-29 21:33
VANCOUVER, British Columbia, Oct. 29, 2025 (GLOBE NEWSWIRE) -- AIP Realty Trust (the “Trust” or “AIP”) (TSXV: AIP.U) today announces that it has completed the first tranche of a non-brokered private placement (the “Financing”) and has issued 7,260,000 Preferred Units – Series B Convertible (each, a “Preferred Unit”), at a price of US$0.50 per Preferred Unit for aggregate gross proceeds of US$3,630,000. An aggregate of up to 14,000,000 Preferred Units may be issued under the Financing for aggregate gross pro ...