0001144204-18-048711.txt : 20180910 0001144204-18-048711.hdr.sgml : 20180910 20180910061024 ACCESSION NUMBER: 0001144204-18-048711 CONFORMED SUBMISSION TYPE: 1-U PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180907 ITEM INFORMATION: Other Events FILED AS OF DATE: 20180910 DATE AS OF CHANGE: 20180910 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Rise Companies Corp CENTRAL INDEX KEY: 0001640967 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 454862460 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 1-U SEC ACT: 1933 Act SEC FILE NUMBER: 24R-00064 FILM NUMBER: 181061377 BUSINESS ADDRESS: STREET 1: 1519 CONNECTICUT AVENUE NW, STE 200 CITY: WASHINGTON STATE: DC ZIP: 20036 BUSINESS PHONE: 2025840550 MAIL ADDRESS: STREET 1: 1519 CONNECTICUT AVENUE NW, STE 200 CITY: WASHINGTON STATE: DC ZIP: 20036 1-U 1 tv502533_1u.htm FORM 1-U

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

___________________________

 

FORM 1-U

 

CURRENT REPORT

Pursuant Regulation A of the Securities Act of 1933

  

September 7, 2018

(Date of Report (Date of earliest event reported))

 

RISE COMPANIES CORP.

(Exact name of registrant as specified in its charter)

 

Delaware 45-4862460
(State or other jurisdiction of incorporation) (IRS Employer Identification No.)

 

1601 Connecticut Ave., Suite 300, Washington, DC 20009
(Address of principal executive offices) (ZIP Code)

 

(202) 584-0550

(Registrant’s telephone number, including area code)

 

Class B Common Stock

(Title of each class of securities issued pursuant to Regulation A)

 

 

 

 

 

 

Item 9.                Other Events

 

Attached as Exhibit 15 is a copy of a shareholder letter distributed to our investors.

 

Safe Harbor Statement

 

This Current Report on Form 1-U contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the section entitled “Risk Factors” in our Offering Statement on Form 1-A dated August 22, 2018, filed with the Securities and Exchange Commission (“SEC”), as such factors may be updated from time to time in our periodic filings and prospectus supplements filed with the SEC, which are accessible on the SEC’s website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in our filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

 

 

 

 

  

SIGNATURES

 

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  RISE COMPANIES CORP.  
       
       
  By: /s/ Bjorn J. Hall  
  Name: Bjorn J. Hall  
  Title: General Counsel  

 

Date:     September 10, 2018

 

 

EX1U-15 ADD EXHB 2 tv502533_ex15.htm EXHIBIT 15

Exhibit 15

 

iPO Update: Fundrise ranked #35 on Inc. 5000

 

Dear [name],

 

I’m excited to announce that this year Fundrise earned a spot on the Inc. 5000 list of the fastest growing private companies in the country. Our estimated three-year revenue growth of 7,340% ranked us 35th out of 5000 companies overall — and #1 in the financial services/fintech industry.

 

Given our relative size, it’s worth taking this number with a grain of salt (growth percentages are often larger for smaller companies). Nonetheless, I do believe the growth and our ranking on the Inc. 5000 list are indicative of the value being created for our iPO investors.

 

That said — if you’ve been with us long enough, you know that we try not to be distracted by short-term growth stats. Instead, we maintain the importance of sustainable growth with the belief that companies who headily take on greater risk for headline growth performance are likely to burn out. And, as history has shown, this is especially true in the world of finance.

 

I firmly believe that, in the end, what will make Fundrise a success (for all our investors) isn’t just our growth curve, but the product we create and the services we provide. The combination of cutting-edge tech with hyper-efficient vertical integration has enabled us to create a uniquely simple, low-cost platform, helping investors earn more money with greater transparency. And as we grow, we believe our model is engineered to operate even more efficiently at scale, which in turn can generate even greater value for the company and, in turn, for you as an iPO investor.

 

This long-term, product-focused approach is central to our everyday decision making; it’s what drives our commitment to investing in only the highest-quality projects, and our obsession with constantly improving the platform experience. Growth is important, but only inasmuch as it reflects the quality of the product we provide to our investors.

 

Together, as owners of the company, we all continue to benefit from a growing macro-economic environment. Although our concerns about being late in the cycle remain, the last six months have proven to be our most successful on an absolute basis in almost every key metric we track.

 

Going into the fall, you can expect to receive a more in depth update when we file our semi-annual report, at which time we plan on sharing with you a detailed analysis of the company’s operations over the first half of the year.

 

Till then onward,

Ben

 

P.S. In case you missed it, this year we were also named to ForbesFintech 50 list for the third year in a row, as well as one of The Washington Post’s Top Workplaces of 2018

 

Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All securities involve risk and may result in partial or total loss. While the data we use from third parties is believed to be reliable, we cannot ensure the accuracy or completeness of data provided by investors or other third parties. Neither Fundrise nor any of its affiliates provide tax advice and do not represent in any manner that the outcomes described herein will result in any particular tax consequence. Prospective investors should confer with their personal tax advisors regarding the tax consequences based on their particular circumstances. Neither Fundrise nor any of its affiliates assume responsibility for the tax consequences for any investor of any investment. Full Disclosure

The publicly filed offering circulars of the issuers sponsored by Rise Companies Corp., not all of which may be currently qualified by the Securities and Exchange Commission, may be found at fundrise.com/oc.

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