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UC Asset (UCASU) Public Offering's Acquisition Target Reported Better Results

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UC Asset LP (OTCQB: UCASU) has filed its first amendment to Form 1A for a secondary public offering (SPO) through Reg A, revealing improved financial performance of its cannabis property acquisition targets. The company plans to raise up to $10 million through preferred shares offering an 8% per annum preferred dividend.

The acquisition targets include two groups of properties comprising 25 units with a total of 37,800 square feet. These properties have shown strong performance, generating $137,000 in net operating revenue for the first five months of 2025, projecting an annualized operating profit of $330,000 for 2025 - a 109% growth compared to 2024. UC Asset has a non-binding LOI to acquire these properties for $3 million.

The projected annual operating profit represents approximately 11% of the acquisition price, which the company believes will adequately cover the 8% dividend distribution. The current operating revenue remains at 60% of its peak performance from 2023, when it reached $547,000, suggesting potential for further growth.

UC Asset LP (OTCQB: UCASU) ha presentato la sua prima modifica al Modulo 1A per un'offerta pubblica secondaria (SPO) tramite Reg A, evidenziando un miglioramento delle performance finanziarie delle proprietà di cannabis oggetto di acquisizione. La società prevede di raccogliere fino a 10 milioni di dollari attraverso azioni privilegiate con un dividendo preferenziale dell'8% annuo.

Gli obiettivi di acquisizione includono due gruppi di proprietà per un totale di 25 unità che coprono complessivamente 37.800 piedi quadrati. Queste proprietà hanno mostrato ottime performance, generando 137.000 dollari di ricavi operativi netti nei primi cinque mesi del 2025, con una proiezione di un utile operativo annualizzato di 330.000 dollari per il 2025, pari a una crescita del 109% rispetto al 2024. UC Asset ha una lettera di intenti non vincolante per acquisire queste proprietà per 3 milioni di dollari.

L'utile operativo annuale previsto rappresenta circa l'11% del prezzo di acquisizione, che la società ritiene sufficiente a coprire la distribuzione dell'8% di dividendo. I ricavi operativi attuali sono al 60% del loro massimo storico del 2023, quando avevano raggiunto 547.000 dollari, suggerendo un potenziale di ulteriore crescita.

UC Asset LP (OTCQB: UCASU) ha presentado su primera enmienda al Formulario 1A para una oferta pública secundaria (SPO) a través del Reg A, revelando un mejor desempeño financiero de sus objetivos de adquisición de propiedades de cannabis. La compañía planea recaudar hasta 10 millones de dólares mediante acciones preferentes que ofrecen un dividendo preferente del 8% anual.

Los objetivos de adquisición incluyen dos grupos de propiedades que comprenden 25 unidades con un total de 37,800 pies cuadrados. Estas propiedades han mostrado un sólido desempeño, generando 137,000 dólares en ingresos operativos netos durante los primeros cinco meses de 2025, proyectando una ganancia operativa anualizada de 330,000 dólares para 2025, lo que representa un crecimiento del 109% en comparación con 2024. UC Asset tiene una carta de intención no vinculante para adquirir estas propiedades por 3 millones de dólares.

La ganancia operativa anual proyectada representa aproximadamente el 11% del precio de adquisición, que la compañía cree que cubrirá adecuadamente la distribución del dividendo del 8%. Los ingresos operativos actuales se mantienen en el 60% de su máximo rendimiento de 2023, cuando alcanzaron 547,000 dólares, lo que sugiere un potencial de crecimiento adicional.

UC Asset LP (OTCQB: UCASU)는 Reg A를 통한 2차 공개 매출(SPO)을 위해 Form 1A의 첫 번째 수정안을 제출하며, 대마초 부동산 인수 대상의 재무 성과가 향상되었음을 공개했습니다. 회사는 우선주를 통해 최대 1,000만 달러를 조달할 계획이며, 연 8%의 우선 배당금을 제공합니다.

인수 대상은 총 37,800 평방피트에 달하는 25개 유닛으로 구성된 두 개의 부동산 그룹입니다. 이 부동산들은 강력한 성과를 보이며, 2025년 첫 5개월 동안 순영업수익 137,000달러를 창출했으며, 2025년 연간 영업이익은 330,000달러로 예상되어 2024년 대비 109% 성장을 기록하고 있습니다. UC Asset은 이 부동산을 300만 달러에 인수하기 위한 비구속적 의향서를 보유하고 있습니다.

예상 연간 영업이익은 인수가의 약 11%에 해당하며, 회사는 이것이 8% 배당금 지급을 충분히 커버할 것으로 보고 있습니다. 현재 영업 수익은 2023년 최고 실적의 60% 수준으로, 당시에는 547,000달러에 달했으며, 추가 성장 가능성을 시사합니다.

UC Asset LP (OTCQB : UCASU) a déposé son premier amendement au formulaire 1A pour une offre publique secondaire (SPO) via le Reg A, révélant une amélioration des performances financières de ses cibles d'acquisition de propriétés de cannabis. La société prévoit de lever jusqu'à 10 millions de dollars par le biais d'actions privilégiées offrant un dividende préférentiel de 8 % par an.

Les cibles d'acquisition comprennent deux groupes de propriétés totalisant 25 unités pour une superficie totale de 37 800 pieds carrés. Ces propriétés ont montré de solides performances, générant 137 000 dollars de revenus nets d'exploitation au cours des cinq premiers mois de 2025, avec un bénéfice d'exploitation annualisé projeté de 330 000 dollars pour 2025 – une croissance de 109 % par rapport à 2024. UC Asset détient une lettre d'intention non contraignante pour acquérir ces propriétés pour 3 millions de dollars.

Le bénéfice d'exploitation annuel projeté représente environ 11 % du prix d'acquisition, ce que la société estime suffisant pour couvrir la distribution du dividende de 8 %. Les revenus d'exploitation actuels représentent 60 % de leur pic de performance en 2023, lorsqu'ils avaient atteint 547 000 dollars, suggérant un potentiel de croissance supplémentaire.

UC Asset LP (OTCQB: UCASU) hat seine erste Änderung des Formulars 1A für ein sekundäres öffentliches Angebot (SPO) über Reg A eingereicht und dabei eine verbesserte finanzielle Leistung seiner Cannabis-Immobilienakquisitionsziele offengelegt. Das Unternehmen plant, bis zu 10 Millionen US-Dollar durch Vorzugsaktien mit einer jährlichen Vorzugsdividende von 8% zu beschaffen.

Die Akquisitionsziele umfassen zwei Gruppen von Immobilien mit insgesamt 25 Einheiten und einer Gesamtfläche von 37.800 Quadratfuß. Diese Immobilien haben eine starke Performance gezeigt und erzielten 137.000 US-Dollar Nettobetriebsertrag in den ersten fünf Monaten des Jahres 2025, mit einer projizierten annualisierten Betriebsergebnis von 330.000 US-Dollar für 2025 – ein Wachstum von 109% im Vergleich zu 2024. UC Asset verfügt über eine unverbindliche Absichtserklärung zum Erwerb dieser Immobilien für 3 Millionen US-Dollar.

Der prognostizierte jährliche Betriebsertrag entspricht etwa 11% des Kaufpreises, was das Unternehmen als ausreichend ansieht, um die 8% Dividendenzahlung abzudecken. Der aktuelle Betriebsertrag liegt bei 60% seines Höchststands aus dem Jahr 2023, als er 547.000 US-Dollar erreichte, was auf weiteres Wachstumspotenzial hindeutet.

Positive
  • Projected 109% revenue growth for acquisition target properties in 2025
  • Net operating revenue of $137,000 in first five months of 2025
  • Projected 11% yield on acquisition price, sufficient to cover 8% preferred dividend
  • Proposed 8% dividend significantly higher than average REIT return of 4.9% in 2024
  • Opportunity to acquire properties at favorable price (60% of peak performance)
Negative
  • Operating profit declined significantly from $547,000 peak in 2023
  • Acquisition agreement is currently only a non-binding LOI
  • SPO still subject to SEC review and qualification
  • Cannabis industry facing challenging market conditions

ATLANTA, July 1, 2025 /PRNewswire/ -- UC Asset LP (OTCQB: UCASU) announced today that the company has filed its first amendment to Form 1A for a secondary public offering (SPO) through Reg A. In this Form 1A/a, the company disclosed improved financial performance of the acquisition target, which was the primary goal of investment, using capital raised from its SPO.

The SPO intends to issue up to $10 million in preferred shares carrying an 8% per annum preferred dividend. The majority of the capital raised will be used to acquire more cannabis properties. The primary targets of acquisition include two groups of properties, which consist of 25 units of detached premises, totaling 37,800 square feet.

109% Revenue Growth Projected for 2025

According to the current owners, the net operating revenue from these two groups of properties reached $137,000 for the first five months of 2025. If this performance persists, it will lead to an annualized operating profit of $330,000 for the year 2025, representing a 109% growth over the operating profit of 2024.

This marks a significant rebound after the operating profit plunged in 2024 from its peak in 2023, when it reached $547,000.

Earlier this year, UC Asset reached a non-binding Letter of Intent (LOI) with the current owners to acquire both groups of properties for a price of $3 million.

A Golden Opportunity to Invest in Cannabis Properties

"We all know that many cannabis operators have faced challenging times in recent years," said Larry Wu, founder of UC Asset. "This is why we believe that the industry has hit rock bottom, and property values have likely reached a historical low. The improvement in financial results for these properties may have validated our projection that a new wave of growth for the cannabis industry is imminent."

Wu pointed out that even after the 109% increase, operating revenue from these properties will still be only 60% of its peak performance two years ago. This suggests that UC Asset will still be able to acquire these properties at a favorable price.

"In other words, it is still an opportune time to acquire undervalued cannabis properties, as we may see their financial performance surge by another 80-100% in the coming years. However, the window of opportunity may be closing soon, and we must act quickly," declared Wu. 

Operating Profit Adequate to Cover 8% Dividend

If qualified by the SEC and other regulatory bodies, UC Asset will offer preferred shares, which will distribute an 8% per annum preferred dividend, subject to profitability. At this moment, an 8% dividend is significantly higher than the average total return of REITs, which was about 4.9% for 2024.

"At this moment, based on the target acquisition price and projected operating revenue from target properties, it appears that our investment will yield adequate profit to cover the distribution of an 8% dividend," said Wu.

For example, the current projected annual operating profit from these two groups of properties will equal approximately 11% of the projected acquisition price.

For More Information

For more information about the planned SPO, its investment strategy, potential return, and risks, please refer to the full text of the offering statement, which has been filed with the SEC and can be found on the company's EDGAR landing page on the SEC.gov website. The filing is subject to SEC review, and the company will not offer any securities until the SEC qualifies its offering statement.

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 | +1 470-475-1035

 

Cision View original content:https://www.prnewswire.com/news-releases/uc-asset-ucasu-public-offerings-acquisition-target-reported-better-results-302495703.html

SOURCE UC Asset LP

FAQ

What is the size of UC Asset's (UCASU) planned secondary public offering?

UC Asset plans to raise up to $10 million through preferred shares offering an 8% per annum preferred dividend.

What are the financial projections for UCASU's acquisition target properties in 2025?

The properties are projected to generate $330,000 in annualized operating profit for 2025, representing a 109% growth over 2024.

What is the acquisition price for UCASU's target cannabis properties?

UC Asset has a non-binding Letter of Intent to acquire the properties for $3 million.

How many properties is UCASU planning to acquire?

The acquisition targets include 25 units of detached premises, totaling 37,800 square feet.

What dividend rate is UCASU offering in its secondary public offering?

UC Asset is offering preferred shares with an 8% per annum preferred dividend, subject to profitability.

How does the target properties' current performance compare to their peak?

The current operating revenue is at 60% of its peak performance from 2023, when it reached $547,000.
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