Hey Everyone!
Very excited over here, and we want to share with you the latest news!
We have welcomed aboard Peter Lee to our team this week. Peter was previously VP at JP Morgan, and is now assisting in the area of compliance and corporate governance, as well as furthering our mission to increase transparency and accountability across all Relex projects! We are pleased to have Peter join the Relex team.
Also, we are pleased to announce that Relex, in cooperation with real estate developer and fund Woodfine Capital Projects, is now offering the world's first blockchain-based real estate pre-IPO en route to the NYSE!
We have exclusive rights to allocate the distribute Woodfine LP units and Woodfine common shares, with the blockchain-based shares denominated in RLX.
Please see the details of the pre-IPO below:
Woodfine Capital Projects pre-IPO Placement
Woodfine Capital Projects is a real estate investment company that originates limited partnerships that develop commercial real estate. This model offers strong upside: seamless scaling, sustainable earnings, and organic growth, with expected AUM of over $4 billion in 6 to 8 years.
Blockchain-based Woodfine shareholders denominated in RLX will be party to a strict shareholders agreement:
$20.00 (CAD) price per share
Maximum 2,100,000 common shares issued to investors
Featuring common shares acquisition by way of RLX
Shareholders rights—no future dilution of share capital until after an exchange listing occurs
Well-defined executive compensation—no stock options program; caps on salary and bonus
Board of directors must include a majority of independents at arm's length from the Woodfine Group
Direct listing on a U.S. exchange in under 3 years
Maximum subscription per person C$150,000.
Please signal investor interest in the blockchain NYSE pre-IPO by registering for the Woodfine offering at
www.relex.ioFor further information, please visit our website at
www.relex.io, or contact us directly at:
[email protected][email protected] For information on the original announcement made in January 2017, please see:
http://www.marketwired.com/press-release/woodfine-capital-projects-inc-announces-offering-of-common-shares-2192350.htm