SC TO-C 1 tm2316642d1_sctoc.htm SC TO-C

 

 

 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

 

 

SCHEDULE TO

 

Tender Offer Statement Pursuant to Section 14(d)(1) or 13(e)(1) 

of the Securities Exchange Act of 1934

 

 

 

MOODY NATIONAL REIT II, Inc. 

(Name of Subject Company)

 

COMRIT INVESTMENTS 1, LIMITED PARTNERSHIP 

COMRIT INVESTMENTS LTD. 

(Bidders)

 

COMMON STOCK, $0.01 PAR VALUE PER SHARE 

(Title of Class of Securities)

 

None or unknown 

(CUSIP Number of Class of Securities)

 

 

 

Ziv Sapir 

Comrit Investments 1, Limited Partnership 

9 Ahad Ha’am Street 

Tel Aviv, Israel 6129101 

+ 972-3-519-9936

 

Copy to:

 

Amos W. Barclay 

Holland & Hart LLP 

1800 Broadway, Suite 300 

Boulder, Colorado 80302 

Phone: (303) 473-2700

 

(Name, Address, and Telephone Number of 

Person Authorized to Receive Notices and 

Communications on Behalf of Offeror)

 

Calculation of Filing Fee:

 

  Transaction Amount of  
  Valuation*   Filing Fee*  
       
  Not Applicable Not Applicable  

 

*   As the filing contains only preliminary communications made before the commencement of the tender offer, no filing fee is required.
   
¨ Check box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
   
  Amount Previously Paid:
  Form or Registration Number:
  Filing Party:
  Date Filed:
   
x Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
   
  Check the appropriate boxes below to designate any transactions to which the statement relates:
   
x third party tender offer subject to Rule 14d-1.
¨ issuer tender offer subject to Rule 13e-4.
¨ going private transaction subject to Rule 13e-3
¨ amendment to Schedule 13D under Rule 13d-2
   
  Check the following box if the filing is a final amendment reporting the results of the tender offer: ¨
   
  If applicable, check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon:
   
¨ Rule 13e-4(i) (Cross-Border Issuer Tender Offer)  
¨ Rule 14d-1(d) (Cross-Border Third-Party Tender Offer)  

 

 

 

 

 

TENDER OFFER

 

The information contained herein is preliminary and is subject to change and completion. The Offers described herein have not yet commenced, and this communication, including all exhibits attached hereto, is neither an offer to purchase nor a solicitation or recommendation of an offer to sell shares.

 

This Tender Offer Statement on Schedule TO is being filed by Comrit Investments 1, Limited Partnership (the “Purchaser”). Pursuant to General Instruction D. to Schedule TO, this Schedule TO relates to pre-commencement communications by the Purchaser. The Purchaser has not yet commenced the offers that are referred to in this communication. Upon commencement of such offers, the Purchaser will file with the Securities and Exchange Commission (the “Commission”) a Schedule TO and related exhibits, including an Assignment Form pursuant to which tendering shareholders may transmit their shares to the Purchaser, along with any necessary updates to the documents that are included as exhibits in this filing. Shareholders of Moody National REIT II, Inc., the subject company of the proposed offers (the “Corporation”), are strongly encouraged to read the Purchaser’s updated Tender Offer Statement on Schedule TO and related tender offer documents when they are filed with the Commission upon commencement of the offers because they will contain important information that the Corporation’s shareholders should consider before making a decision to tender their shares.

 

This Tender Offer Statement on Schedule TO relates to proposed offers (the “Offers”) by the Purchaser to purchase up to 675,000 shares of Class A common stock and 25,000 shares of Class T common stock, each with a par value of $0.01 per share (collectively, the “Shares”), in the Corporation at a purchase price equal to $10.86 per Share, upon the terms and subject to the conditions set forth in the Offer to Purchase in the form attached hereto as Exhibit (a)(1) (the “Offer to Purchase”). Comrit Investments Ltd. is being named as a bidder herein because it is deemed to control the Purchaser, but otherwise will not participate in the Offers.

 

Item 12. Exhibits.

 

(a)(1) Form of Offer to Purchase
   
(a)(2) Form of Letter to Shareholders
   
(a)(3)   Form of Press Release/Summary Advertisement  
   
(b) - (h) Not applicable

 

Item 13. Information Required by Schedule 13E-3.

 

Not applicable.

 

 

 

SIGNATURES

 

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated:  May 24, 2023

 

Comrit Investments 1, Limited Partnership

 

  By: Comrit Investments Ltd., its General Partner  
       
    By: /s/ Ziv Sapir  
    Ziv Sapir  
    Chief Executive Officer  

 

Comrit Investments Ltd.

 

  By: /s/ Ziv Sapir  
    Ziv Sapir  
    Chief Executive Officer