Apr 24, 2023
The Road Less Traveled: Why LODAS Markets Chose to Register as an ATS
Chairman Gensler's Statement Highlights the Importance of Transparency and Accountability through Regulation of Trading Platforms.
We are excited to bring you the latest updates in this month's newsletter, and there are some important developments we want to highlight. One of the key announcements is the successful direct listing and partnership with NexPoint's Vinebrook Homes Trust. This significant milestone not only opens up new opportunities for our marketplace users but also paves the way for other sponsors seeking to collaborate with LODAS.
In addition, we have witnessed a substantial increase in trading activity on our marketplace throughout this year. Remarkably, within the first six weeks of the second quarter, we have already matched the trading volume of the record-setting first quarter.
One industry trend we have been focusing on recently is that there has been a notable surge in targeted unsolicited mini-tenders, which are historically very bad for investors. Among these offers, one was made for SmartStop Self Storage REIT (STSFF) at a price of $6.25 per share, representing a significant 82% discount compared to the current trading price of $11.40 on LODASMarkets.com. Similarly, an unsolicited mini-tender offer for Inland Real Estate Income Trust (INRE) was made at $11.21 per share. Yet, the most recent trade price for INRE on lodasmarkets.com stands at $14.15, indicating a 26% higher value.
At LODAS, we prioritize transparency and want to empower you with the information you need to make informed investment choices. We believe it is essential to highlight such mini-tender offers, which may not be in your best interest. If you receive any of these offers or have concerns about your investments, we strongly encourage you to reach out to our dedicated team. We are here to provide support and guide you towards the most favorable outcomes.
We sincerely appreciate your continued partnership with the LODAS Marketplace.
LODAS Securities, LLC Member FINRA / SIPC - LODAS Securities, LLC is a wholly subsidiary of LODAS Markets, Inc.
The information provided herein does not constitute an offer to sell securities or the solicitation of an offer to buy securities, which can only be made by the applicable offering document filed and registered with the appropriate state and/or federal regulatory agencies and sold by broker dealers authorized to do so. There is no guarantee that a market will develop for some securities, and as a result, they may remain illiquid.
As of May 19, 2023
Want to know the top trades on LODASMarkets.com? These are some of the fastest movers in our marketplace: