*DJ ROX Financial Launches IPO of 8.25M Series A Shares Seen Pricing at $10/Shr

(MORE TO FOLLOW) Dow Jones Newswires

July 26, 2021 07:49 ET (11:49 GMT)

Press Release: ROX Financial LP Announces Launch of Initial Public Offering of Series A

ROX Financial LP Announces Launch of Initial Public Offering of Series A

NEW YORK--(BUSINESS WIRE)--July 26, 2021--

ROX Financial LP today announced the launch of its initial public offering of 8,250,000 Series A shares, which represent limited partner interests associated with a series of ROX called Series A, at an initial public offering price of $10.00 per share. ROX intends to grant the underwriters a 30-day option to purchase up to an additional 1,237,500 Series A shares at the initial public offering price per share to cover over-allotments, if any.

The net proceeds from the offering will be used to fund a portion of the net purchase price of a last-mile delivery station leased by Amazon.com Services LLC and located in Oakley, California, fund cash reserves and pay other fees and expenses.

ROX Financial LP expects the Series A shares will be approved for listing, subject to notice of issuance, on NYSE Arca, Inc. under the symbol "ROXA" and intends for Series A to elect to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes commencing with its taxable year ending December 31, 2021.

UBS Investment Bank and RBC Capital Markets are acting as lead book-running managers and as representatives of the underwriters for the offering. Piper Sandler and B. Riley Securities are acting as additional bookrunners for the offering. Colliers Securities LLC and Janney Montgomery Scott are acting as co-managers for the offering.

The offering will be made only by means of a prospectus. A preliminary prospectus relating to the offering will be filed with the SEC and will be available for free by visiting EDGAR on the SEC website at www.sec.gov. A copy of the preliminary prospectus may be obtained from UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, via telephone: (888) 827-7275 or via email: ol-prospectus-request@ubs.com; RBC Capital Markets, Attention: Equity Syndicate, 200 Vesey Street, 8th Floor, New York, NY 10281, via telephone: (877) 822-4089 or via email: equityprospectus@rbccm.com; Piper Sandler & Co., by mail at 1251 Avenue of the Americas, 6th Floor, New York, NY 10020, by telephone at (866) 805-4128, or by e-mail at FSG-ECM@psc.com; or B. Riley Securities, Inc. at 1300 17th St North, Ste. 1300, Arlington VA 22209, by telephone at (703) 312-9580 or by email at prospectuses@brileyfin.com.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About ROX Financial LP

ROX Financial LP is a newly organized Delaware series limited partnership that has been formed to expand access to differentiated commercial real estate investment opportunities. ROX Financial LP's platform was built specifically to leverage the economies of scale enabled by its innovative Series structure to lower fees and execution costs, allowing investors to access opportunities that have previously been unavailable in the public markets. ROX Financial LP's goal is to empower investors to build a portfolio of commercial real estate securities based on their individual criteria.

Forward-Looking Statements

This press release includes "forward-looking statements" that are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Investors are cautioned that statements in this press release, which are not strictly historical statements, including, without limitation, statements regarding the number of shares being offered and the anticipated use of proceeds, constitute forward-looking statements. Such forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual results to differ materially from those anticipated by the forward-looking statement, many of which may be beyond our control. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "plan," "seek," "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or the negative thereof or variations thereon or similar terminology. Any forward-looking information presented herein is made only as of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210726005421/en/

CONTACT: Nikki Sacks

203-682-8263

(END) Dow Jones Newswires

July 26, 2021 07:49 ET (11:49 GMT)