0001567619-21-019557.txt : 20211109 0001567619-21-019557.hdr.sgml : 20211109 20211109160205 ACCESSION NUMBER: 0001567619-21-019557 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211108 FILED AS OF DATE: 20211109 DATE AS OF CHANGE: 20211109 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Chavez Manuel III CENTRAL INDEX KEY: 0001879349 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55760 FILM NUMBER: 211391951 MAIL ADDRESS: STREET 1: 250 E 5TH STREET, STE 2110 CITY: CINCINNATI STATE: OH ZIP: 45202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Parking REIT, Inc. CENTRAL INDEX KEY: 0001642985 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 473945882 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 250 E. 5TH ST STREET 2: SUITE 2110 CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 702-534-5577 MAIL ADDRESS: STREET 1: 250 E. 5TH ST STREET 2: SUITE 2110 CITY: CINCINNATI STATE: OH ZIP: 45202 FORMER COMPANY: FORMER CONFORMED NAME: MVP REIT II, Inc. DATE OF NAME CHANGE: 20150520 4 1 doc1.xml FORM 4 X0306 4 2021-11-08 0 0001642985 Parking REIT, Inc. -- 0001879349 Chavez Manuel III 250 E. 5TH ST., STE 2110 CINCINNATI OH 45202 1 1 1 0 CEO Common Stock 2021-11-08 4 P 0 878082 11.75 A 2602407 I By LLC Common Stock 2021-11-08 4 P 0 22424 11.75 A 2624831 I By LLC On October 5, 2021, Color Up, LLC (the "Purchaser") commenced a tender offer ("Offer") to purchase up to 900,506 of the outstanding shares of common stock (the "Shares") of the Issuer at a purchase price of $11.75 per Share subject to the conditions set forth in the Offer to Purchase, dated October 5, 2021. The Offer and withdrawal rights expired as of 5:00 p.m. Eastern Time on November 5, 2021. 878,082 Shares were validly tendered (the "Tendered Shares"), and the Purchaser accepted for purchase all such Tendered Shares and is making payment of an aggregate of $10,317,467 to the Company stockholders participating in the Offer. Effective November 8, 2021, Purchaser also executed a subscription agreement with the Company pursuant to which Purchaser acquired the remaining 22,424 Shares pursuant to the Company Backstop (as defined in the Offer to Purchase) for an aggregate payment of $263,482. Reference is made to the Reporting Person's Schedule 13D, including all amendments thereto. /s/ F. Mark Reuter, Attorney in Fact for Manuel Chavez III 2021-11-09