SEC qualified UC Asset (UCASU)’s Offering Circular for Secondary Public Offering

Rhea-AI Summary

UC Asset (OTCQB: UCASU) announced that the SEC has qualified its Form 1-A offering statement for a Regulation A secondary public offering. The company may issue up to $5 million in preferred shares, each carrying an 8% annual preferred dividend. UC Asset plans to use the majority of proceeds to acquire additional cannabis properties.

According to the company, adjusted annualized yields on its current cannabis property portfolio were 14.4%, 13.2%, and 13.5% over the past three years, which it believes could support the 8% dividend if similar investments are made. Management notes that past performance does not guarantee future results and is working with potential broker partners on a distribution plan.

Positive

• SEC-qualified Reg A SPO enabling issuance of up to $5 million in preferred shares
• 8% annual preferred dividend targeted on new preferred shares
• Cannabis property portfolio adjusted yields of 14.4%, 13.2%, 13.5% over the past three years
• Majority of SPO proceeds earmarked to acquire additional cannabis properties

Negative

• Offering of up to $5 million in preferred shares may introduce additional capital obligations for dividend payments
• Company cautions that historical portfolio yields of 14.4%, 13.2%, 13.5% do not guarantee similar future performance

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ATLANTA, Aug. 25, 2026 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQB: UCASU) announced today that the Securities and Exchange Commission (SEC) has qualified its Form 1-A offering statement for a secondary public offering (SPO) under Regulation A. Under the qualified offering statement, UC Asset may issue up to $5 million in preferred shares carrying an 8% annual preferred dividend. The majority of the capital raised will be used to acquire additional cannabis properties.

A Golden Opportunity to Invest in Cannabis Properties

“According to our research, the cannabis industry has hit rock bottom in recent years,” said Larry Wu, founder of UC Asset. “Property prices have likely reached a historic low. Meanwhile, major policy trends favor the industry, including the federal government’s ongoing process to move cannabis from Schedule I to Schedule III under the Controlled Substances Act. We believe a new wave of rapid growth for the cannabis industry is imminent.”

Even before the next wave of rapid growth arrives, investors may still receive a considerable return on their investment in UC Asset’s SPO. UC Asset will offer preferred shares that are entitled to an 8% annual preferred dividend. At present, an 8% dividend is significantly higher than the average total return of REITs, which was approximately 4.9% in 2024.

Operating Profit Adequate to Cover 8% Dividend

“The adjusted annualized yields on our current cannabis property portfolio for the past three years, including the first six months of 2026, were 14.4%, 13.2%, and 13.5%, respectively. If the net proceeds from our offering can be invested in similar properties, those investments will generate sufficient profit to cover the distribution of an 8% dividend,” said Wu.

Wu cautioned that the performance of the existing portfolio does not guarantee similar performance from future investments.

The company is currently working with potential broker partners to formulate a distribution plan for this secondary public offering.

About UC Asset LP

UC Asset LP is a limited partnership formed for the purpose of investing in real estate with innovative strategies. For more information about UC Asset, please visit: www.ucasset.com

Disclaimer:

This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.

For More Information Contact: IR@UcAsset.com

FAQ

What did the SEC approve for UC Asset (OTCQB: UCASU) on August 25, 2026?

The SEC qualified UC Asset’s Form 1-A for a Regulation A secondary public offering. According to UC Asset, this allows issuance of up to $5 million in preferred shares carrying an 8% annual preferred dividend, subject to completion of the offering.

What are the key terms of UCASU’s new preferred share offering?

UC Asset plans to offer preferred shares with an 8% annual preferred dividend, under a Regulation A secondary public offering of up to $5 million. According to UC Asset, these preferred shares have priority for the stated dividend over common equity distributions.

How does UCASU plan to use proceeds from its $5 million secondary public offering?

UC Asset plans to use the majority of the capital raised to acquire additional cannabis properties. According to UC Asset, these acquisitions aim to mirror the company’s existing cannabis property portfolio, which has produced double-digit adjusted annualized yields in recent years.

Can UC Asset’s historical cannabis portfolio yields support the 8% UCASU dividend?

UC Asset reports adjusted annualized yields of 14.4%, 13.2%, and 13.5% on its cannabis portfolio over the past three years. According to UC Asset, investing offering proceeds in similar properties could generate sufficient profit to cover the planned 8% dividend, though results are not guaranteed.

How does UCASU’s 8% preferred dividend compare to REIT returns in 2024?

UC Asset states its preferred shares carry an 8% annual dividend, compared with an approximate 4.9% average total return for REITs in 2024. According to UC Asset, this highlights the relatively higher targeted income potential of its preferred shares, subject to investment performance.

What is UC Asset doing to distribute the new UCASU preferred shares?

UC Asset is working with potential broker partners to develop a distribution plan for the secondary public offering. According to UC Asset, these brokers would help place the preferred shares with investors once the offering is fully structured and launched.