We are pleased to announce that Relex, in cooperation with real estate developer and fund Woodfine Capital Projects, is now offering the world's first blockchain-based real estate pre-IPO en route to the NYSE!
We have exclusive rights to allocate the distribute Woodfine LP units and Woodfine common shares, with the blockchain-based shares denominated in RLX.
We are excited to be offering a quality developer like Woodfine, that has had over 30 years in the real estate development industry.
Please see the details of the pre-IPO below:
Woodfine Capital Projects pre-IPO Placement Woodfine Capital Projects is a real estate investment company that originates limited partnerships that develop commercial real estate. This model offers strong upside: seamless scaling, sustainable earnings, and organic growth, with expected AUM of over $4 billion in 6 to 8 years.
Blockchain-based Woodfine shareholders denominated in RLX will be party to a strict shareholders agreement:
$20.00 (CAD) price per share
Maximum 2,100,000 common shares issued to investors
Featuring common shares acquisition by way of RLX
Shareholders rights—no future dilution of share capital until after an exchange listing occurs
Well-defined executive compensation—no stock options program; caps on salary and bonus
Board of directors must include a majority of independents at arm's length from the Woodfine Group
Direct listing on a U.S. exchange in under 3 years
Maximum subscription per person C$150,000.
Please signal investor interest in the blockchain NYSE pre-IPO by registering for the Woodfine offering at
www.relex.io For further information, please contact us directly at:
hello@relex.iooffice@woodfine.co For information on the original announcement made in January 2017, please see:
http://www.marketwired.com/press-release/woodfine-capital-projects-inc-announces-offering-of-common-shares-2192350.htm