Management does not typically opine on market volatility or the market price of the Company’s Class A units; however, in response to a number of inquiries from unitholders, the Company would like to confirm the following:
Management does not believe the recent increase in market volatility or decline in market price of Belpointe OZ’s (NYSE American: OZ) Class A units is attributable to any developments within the Company or its portfolio.
On
The Company has not issued any new Class A units in connection with its offering at the current unit price, nor does the Company intend to do so.
Management believes that the recent market volatility and decline in market price can be attributed to the unique characteristics of the Company as a
Chief Executive Officer,
About Belpointe OZ
Belpointe OZ is a publicly traded qualified opportunity fund, listed on NYSE American under the symbol “OZ,” and focused on identifying, acquiring, developing or redeveloping and managing commercial real estate located within “qualified opportunity zones” throughout
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release may be considered forward-looking, such as statements containing estimates, projections and other forward-looking information. Forward-looking statements are typically identified by words and phrases such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” or the negative of such words and other comparable terminology. However, the absence of these words does not mean that a statement is not forward-looking. Any forward-looking statements expressing an expectation or belief as to future events is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future events and involve risks, uncertainties and other factors beyond Belpointe OZ’s control. Therefore, Belpointe OZ cautions you against relying on any of these forward-looking statements. Actual outcomes and results may differ materially from what is expressed in any forward-looking statement. Additional information on other potential factors that could affect Belpointe OZ’s results and other risks and uncertainties can be found under the heading “Risk Factors” or other similar headings found in documents Belpointe OZ files from time to time with the
Investor and Media Relations Contact:
IR@belpointeoz.com
203-883-1944
Source:
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