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EX-99.1 - EXHIBIT 99.1 - Lightstone Value Plus REIT V, Inc.tv510417_ex99-1.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8 K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): January 4, 2019

 

Lightstone Value Plus Real Estate Investment Trust V, Inc.
(Exact Name of Registrant as Specified in Its Charter)

 

Maryland   000-53650   20-8198863

(State or other jurisdiction of incorporation

or organization)

 

(Commission File Number)

 

 

(I.R.S. Employer

Identification No.)

 

1985 Cedar Bridge Avenue, Suite 1,

Lakewood, New Jersey 08701

(Address of principal executive offices)

(Zip Code)

 

(732) 367-0129

(Registrant’s telephone number, including area code)

 

None

(Former name or former address, if changed since last report)

  

Check the appropriate box below if the Form 8 K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ¨

 

 

 

   

 

 

Item 8.01. Other Information.

  

Fifth Amended and Restated Share Redemption Program

 

On December 28, 2018, at the meeting of the board of directors (the “Board”) for Lightstone Value Plus Real Estate Investment Trust V, Inc. (the “Company”), the Board adopted a Fifth Amended and Restated Share Redemption Program (the “Amended Share Redemption Program”) to be effective January 31, 2019. The only material change to the program was to change the measurement period for the limitations on the number and dollar amount of shares that may be accepted for redemption from a rolling 12 months to a calendar year.

 

The information set forth above does not purport to be complete in scope and is qualified in its entirety by the full text of the Amended Share Redemption Program, which has been filed as exhibit 99.1 to this Current Report on Form 8-K.

  

Item 9.01. Financial Statements and Exhibits.

  

(d) Exhibits.

  

  Exhibit No.   Description
  99.1   Fifth Amended and Restated Share Redemption Program

 

   

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  

  LIGHTSTONE VALUE PLUS REAL ESTATE INVESTMENT TRUST V, INC.
     
Dated: January 4, 2019 By: /s/ Terri Warren Reynolds
    Terri Warren Reynolds
    Senior Vice President – Legal, General Counsel, and Secretary

  

   

 

  

Exhibit Index

  

Exhibit No.   Description
99.1   Fifth Amended and Restated Share Redemption Program