FrontView REIT Inc
For the period ended Sep 30, 2024. Filed Nov 14, 2024.
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Sep 30, 2024 · Filed Nov 14, 2024
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2. Capitalization
- CAPITALIZATION
As of June 23, 2023, the Company was authorized to issue up to 400,000,000 shares of Class A common stock, par value $0.01 per share,50,000,000 shares of Class B common stock, par value of $0.01 per share, and 50,000,000 shares of preferred stock, par value of $0.01 per share.
On June 30, 2023, the Company issued 100 shares of Class A common stock to the founder in exchange for $1,000 in cash as its initial capitalization. The Company will repurchase these shares at cost upon completion of the IPO.
As of September 30, 2024, the Company has 100 shares of Class A common stock,0 shares of Class B common stock and 0 shares of preferred stock.
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