0001493152-23-008522.txt : 20230322 0001493152-23-008522.hdr.sgml : 20230322 20230322155227 ACCESSION NUMBER: 0001493152-23-008522 CONFORMED SUBMISSION TYPE: 1-U PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230322 ITEM INFORMATION: Material Modification to Rights of Securityholders FILED AS OF DATE: 20230322 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Worthy Community Bonds, Inc. CENTRAL INDEX KEY: 0001817214 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] IRS NUMBER: 851714241 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 1-U SEC ACT: 1933 Act SEC FILE NUMBER: 24R-00374 FILM NUMBER: 23752852 BUSINESS ADDRESS: STREET 1: 551 NW 77 STREET STREET 2: SUITE 212 CITY: BOCA RATON STATE: FL ZIP: 33487 BUSINESS PHONE: (561-) 288-8467 MAIL ADDRESS: STREET 1: 551 NW 77 STREET STREET 2: SUITE 212 CITY: BOCA RATON STATE: FL ZIP: 33487 1-U 1 form1-u.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 1-U

 

CURRENT REPORT PURSUANT TO REGULATION A

 

Date of report: March 22, 2023

 

Worthy Community Bonds, Inc.

(Exact name of issuer as specified in its charter)

 

85-1714241

(I.R.S. Employer Identification Number)

 

One Boca Commerce Center, 551 NW 77th Street, Suite 212, Boca Raton, FL 33487

(Full mailing address of principal executive office)

 

(561) 288-8467

(Issuer’s telephone number, including area code)

 

 

 

 
 

 

Item 3(a). Material Modification to Rights of Securityholders

 

The Company has approved an increase in the interest rate of Worthy Property Bonds to 5.5% per annum, to become effective April 1, 2023.

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of Regulation A, the issuer has duly caused this Form 1-U to be signed on its behalf by the undersigned, thereunto duly organized.

 

  Worthy Community Bonds, Inc.
     
March 22, 2023 By: /s/ Sally Outlaw
   

Sally Outlaw

Chief Executive Officer, principal executive officer

 

Pursuant to the requirements of Regulation A, this Form 1-U has been signed by the following persons in the capacities and on the date indicated.

 

March 22, 2023 By: /s/ Sally Outlaw
   

Sally Outlaw

Director, Chief Executive Officer, principal executive officer

 

March 22, 2023 By: /s/ Alan Jacobs
   

Alan Jacobs

Director, Executive Vice President and Chief Operating Officer, principal financial and accounting officer