Belpointe PREP is seeking unitholder approval to offer up to $250,000,000 of Class A units continuously through a registered at-the-market offering. Investors will decide the proposal at the October 12, 2026 annual meeting, alongside votes on Class II directors and CohnReznick LLP as the independent registered public accounting firm.

Key Highlights

  • Martin Lacoff and Ronald Young, Jr. are the nominees for the Class II director seats.
  • The August 21, 2026 Record Date covers 3,953,666 Class A units and 100,000 Class B units outstanding.
  • The annual meeting is scheduled for October 12, 2026, at noon Eastern Time in Greenwich, Connecticut.

The decision will be made at an in-person annual meeting on October 12, 2026, at noon Eastern Time in Greenwich, Connecticut.

Martin Lacoff and Ronald Young, Jr. are the nominees for the director positions. The meeting is scheduled at Belpointe PREP (AMEX: OZ)’s offices at 255 Glenville Road, Greenwich, Connecticut 06831.

The voting record date is August 21, 2026. At that date, Belpointe PREP had 3,953,666 Class A units and 100,000 Class B units outstanding, along with a Class M unit.

The director election requires a plurality of votes cast by Class A and Class B holders voting together.

Investor Insights

Class A and Class B holders each receive one vote per unit on matters submitted generally to unitholders. The Class M unit also carries voting rights on matters for which its holder is entitled to vote. Unitholders may vote in person or by proxy, and a proxy can be revoked before it is exercised.

Peers Moving on This News

  • Merchants' National Properties Inc (OTC: MNPP) down 3.3%
  • New England Realty Associates Limited Partnership (AMEX: NEN) little changed
  • American Realty Investors, Inc. (NYSE: ARL) little changed

Source(s)

  • https://www.sec.gov/Archives/edgar/data/1807046/000149315226040394/formdef14a.htm