UCASU Reports Additional Insider Purchases by Its Founder
UC Asset LP (UCASU) announced that its founder, Dr. Larry Wu, has made additional insider purchases of 20,000 shares at $0.69 per share on May 2, 2025. This follows his earlier purchase at $0.6772 per share, bringing his cumulative purchases to nearly 50,000 shares since last September. The cannabis property-focused real estate investment company reported a $0.02 per share net income for fiscal year 2024, marking its second consecutive profitable year. The company claims its cannabis property portfolio achieved above-industry-average ROI in 2024, outperforming other public cannabis property investment companies. Additionally, UCASU plans to launch a Reg A secondary offering of preferred units with an 8% annual dividend.
UC Asset LP (UCASU) ha annunciato che il suo fondatore, il Dr. Larry Wu, ha effettuato ulteriori acquisti di azioni interne per 20.000 titoli al prezzo di $0,69 per azione il 2 maggio 2025. Questo segue un precedente acquisto a $0,6772 per azione, portando il totale cumulativo a quasi 50.000 azioni da settembre scorso. La società di investimento immobiliare focalizzata sulle proprietà per cannabis ha riportato un utile netto di $0,02 per azione per l'esercizio fiscale 2024, segnando il suo secondo anno consecutivo di profitti. L'azienda afferma che il suo portafoglio di proprietà per cannabis ha ottenuto un ROI superiore alla media del settore nel 2024, superando altre società pubbliche di investimento immobiliare nel settore cannabis. Inoltre, UCASU prevede di lanciare un offerta secondaria Reg A di unità privilegiate con un dividendo annuo dell'8%.
UC Asset LP (UCASU) anunció que su fundador, el Dr. Larry Wu, realizó compras adicionales de acciones internas por 20,000 títulos a $0.69 por acción el 2 de mayo de 2025. Esto sigue a una compra previa a $0.6772 por acción, acumulando casi 50,000 acciones desde septiembre pasado. La compañía de inversión inmobiliaria enfocada en propiedades de cannabis reportó un ingreso neto de $0.02 por acción para el año fiscal 2024, marcando su segundo año consecutivo de ganancias. La empresa afirma que su portafolio de propiedades de cannabis logró un ROI superior al promedio del sector en 2024, superando a otras compañías públicas de inversión inmobiliaria en cannabis. Además, UCASU planea lanzar una oferta secundaria Reg A de unidades preferentes con un dividendo anual del 8%.
UC Asset LP (UCASU)는 창립자 Dr. Larry Wu가 2025년 5월 2일 주당 $0.69에 20,000주를 추가로 내부 매수했다고 발표했습니다. 이는 이전에 주당 $0.6772에 매수한 것에 이은 것으로, 지난해 9월 이후 누적 매수 주식 수가 거의 50,000주에 달합니다. 대마초 부동산에 집중하는 부동산 투자 회사는 2024 회계연도에 주당 순이익 $0.02를 보고하며 연속 두 번째 흑자를 기록했습니다. 회사는 2024년 대마초 부동산 포트폴리오가 업계 평균 이상의 투자수익률(ROI)을 달성해 다른 상장 대마초 부동산 투자 회사들을 능가했다고 주장합니다. 또한 UCASU는 연 8% 배당의 우선주 단위에 대한 Reg A 2차 공모를 계획 중입니다.
UC Asset LP (UCASU) a annoncé que son fondateur, le Dr Larry Wu, a réalisé des achats d'initiés supplémentaires de 20 000 actions au prix de 0,69 $ par action le 2 mai 2025. Cela fait suite à un achat précédent à 0,6772 $ par action, portant ses achats cumulés à près de 50 000 actions depuis septembre dernier. La société d'investissement immobilier spécialisée dans les propriétés liées au cannabis a déclaré un revenu net de 0,02 $ par action pour l'exercice 2024, marquant ainsi sa deuxième année consécutive bénéficiaire. L'entreprise affirme que son portefeuille immobilier lié au cannabis a réalisé un retour sur investissement (ROI) supérieur à la moyenne du secteur en 2024, surpassant d'autres sociétés d'investissement immobilier cotées dans le cannabis. De plus, UCASU prévoit de lancer une offre secondaire Reg A d'unités privilégiées avec un dividende annuel de 8%.
UC Asset LP (UCASU) gab bekannt, dass sein Gründer, Dr. Larry Wu, am 2. Mai 2025 zusätzliche Insider-Käufe von 20.000 Aktien zu je $0,69 getätigt hat. Dies folgt auf einen früheren Kauf zu $0,6772 pro Aktie und bringt seine kumulativen Käufe seit letztem September auf fast 50.000 Aktien. Das auf Cannabis-Immobilien spezialisierte Investmentunternehmen meldete einen Nettoeinkommen von $0,02 pro Aktie für das Geschäftsjahr 2024 und verzeichnet damit das zweite aufeinanderfolgende profitable Jahr. Das Unternehmen gibt an, dass sein Cannabis-Immobilienportfolio 2024 eine überdurchschnittliche Rendite (ROI) erzielt hat und andere börsennotierte Cannabis-Immobilieninvestitionsgesellschaften übertraf. Zudem plant UCASU eine Reg A Sekundärplatzierung von Vorzugsanteilen mit einer jährlichen Dividende von 8%.
- Insider buying shows management confidence with founder purchasing 50,000 shares
- Second consecutive year of profitability with $0.02 EPS for 2024
- Cannabis property portfolio ROI reportedly outperforming industry average
- Planned 8% dividend offering for new preferred units
- Potential dilution from upcoming Reg A secondary offering
- Low share price trading under $1 indicates micro-cap status
- Cannabis sector exposure carries regulatory and market risks
According to a Form 4 filed by Wu, he purchased another 20,000 shares of UCASU at a price of
Last September, the company disclosed that its insiders intended to purchase shares on the open market. According to Form 4s filed since then, Wu has cumulatively purchased close to 50,000 shares of the company's common units.
UC Asset is a limited partnership engaged in real estate investment, with a focus on cannabis property in recent years. Last week, the company reported a
Along with its annual report, the company released a statement contending that its cannabis property portfolio's ROI was significantly higher than the industry average for 2024, and had the best performance compared to other public companies holding investments in cannabis properties.
The company plans to launch a secondary public offering via Reg A, to issue preferred units carrying an
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: +1 470-475-1035; IR@UCasset.com
View original content:https://www.prnewswire.com/news-releases/ucasu-reports-additional-insider-purchases-by-its-founder-302450062.html
SOURCE UC Asset LP
FAQ
How many UCASU shares did Dr. Larry Wu purchase in May 2025?
What was UCASU's earnings per share (EPS) for fiscal year 2024?
What is the dividend rate for UCASU's planned preferred units offering?
How many consecutive profitable years has UCASU achieved?
What is UCASU's main business focus?
