Ares Industrial Real Estate Income Trust Inc.
11/07/2024 | Press release | Distributed by Public on 11/07/2024 13:27
Private Placement Form 8 K
Item 3.02 Unregistered Sales of Equity Securities.
On the dates shown below, Ares Industrial Real Estate Income Trust Inc. (referred to herein as the "Company," "we," "our," or "us") issued the following shares in transactions exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Regulation D.
The following table details the shares issued and gross proceeds:
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September 3, 2024 |
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October 1, 2024 |
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November 1, 2024 |
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Number of |
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Number of |
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Number of |
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Shares Issued |
Gross Proceeds |
Shares Issued |
Gross Proceeds |
Shares Issued |
Gross Proceeds |
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Class S-PR Shares (1) |
200,649 |
$ |
2,555,150 |
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468,616 |
$ |
5,964,030 |
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1,725,114 |
$ |
21,891,360 |
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Class I-PR Shares |
207,842 |
$ |
2,620,700 |
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233,912 |
$ |
2,950,000 |
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547,053 |
$ |
6,905,668 |
(1) Includes upfront selling commissions and dealer manager fees of $25,150, $54,030 and $114,560 for September 3, 2024, October 1, 2024 and November 1, 2024, respectively.
2