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Fundrise Income eREIT VI

Filed: 16 Sep 21, 8:00pm

 

  

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

___________________________

 

FORM 1-U

 

CURRENT REPORT

Pursuant to Regulation A of the Securities Act of 1933

 

September 16, 2021

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

  

Fundrise eREIT XIV, LLC

(Exact name of issuer as specified in its charter)

 

Delaware84-1993754
(State or other jurisdiction of incorporation or organization)(IRS Employer Identification No.)

 

11 Dupont Circle NW, 9th Floor, Washington, DC20036
(Address of principal executive offices)(ZIP Code)

 

(202) 584-0550

(Issuer’s telephone number, including area code)

 

Common Shares

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

 

 

 

 

 

Item 9.Other Events

 

Revisions to Redemption Plan

 

The issuer has adopted revisions to its Redemption Plan effective as of October 1, 2021 to reflect the following changes, among others:

 

 ·Update our policy for redemptions so that shares held less than 5 years will be subject to a flat 1% penalty to the NAV per share in effect at the time of the redemption request.

 

 ·Effectuate redemption requests on a first in first out basis, meaning, those shares submitted by a shareholder for redemption in any given month or quarter that have been continuously held for the longest amount of time will be redeemed first.

 

Attached as Exhibit 3.1 is the revised description of the Redemption Plan.

 

Exhibit No.Exhibit Title
3.1Revised Description of the Redemption Plan

 

 

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, and Section 21E of the Securities Exchange Act of 1934, as amended. 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 the issuer’s most recently filed Offering Statement on Form 1-A 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.

 

 Fundrise eREIT XIV, LLC
    
 By:Fundrise Advisors, LLC 
 Its:Manager 
    
 By:/s/ Bjorn J. Hall 
 Name:Bjorn J. Hall 
 Title:General Counsel 

 

Date: September 16, 2021