Bluerock Residential Growth just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:
Filed pursuant to Rule 424(b)(3)
Registration No. 333-224990
AMENDMENT NO. 1 DATED APRIL 21, 2021
to Prospectus Supplement dated November 14, 2019
(to Prospectus dated May 23, 2018)
BLUEROCK RESIDENTIAL GROWTH REIT, INC.
This Amendment No. 1 to
Prospectus Supplement, or this amendment, amends our prospectus supplement dated November 14, 2019, or prospectus supplement. This
a mendment should be read in conjunction with the prospectus supplement and the prospectus dated May 23, 2018, each of which are
to be delivered with this amendment. This amendment amends only those sections of the prospectus supplement listed in this amendment;
all other sections of the prospectus supplement remain as is. Unless otherwise defined in this amendment, capitalized terms used have
the same meanings as set forth in the prospectus supplement. The purpose of this amendment is to disclose the following:
The reallocation of 11,800,000 shares
of our Series T Redeemable Preferred Stock, par value $0.01 per share (“Series T Redeemable Preferred Stock”), from
our Series T Redeemable Preferred Stock dividend reinvestment plan (the “Series T DRIP”) to our primary offering of Series
T Redeemable Preferred Stock; and
The extension of the offering period for
the Series T Redeemable Preferred Stock. In connection with this extension, the offering period for the Series T
Redeemable Preferred Stock will continue until the earlier of (i) the effectiveness of the Company’s registration statement
on Form S-3 filed with the Securities and Exchange Commission on April 20, 2021 or (ii) November 19, 2021, unless earlier terminated
by the Company.
1.Reallocation of DRIP Shares to Primary Offering
This amendment replaces in its entirety
the subheading on the cover page to the prospectus supplement with the following text:
Series T Redeemable Preferred Stock
Maximum of 31,800,000 Shares in Primary Offering
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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