SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 2 TO
SCHEDULE TO
Tender Offer Statement Pursuant to Section 14(d)(1) or 13(e)(1)
of the Securities Exchange Act of 1934
BENEFIT STREET PARTNERS REALTY TRUST, INC.
(Name of Subject Company)
COMRIT INVESTMENTS 1, LIMITED PARTNERSHIP
(Offeror)
COMMON STOCK, $0.01 PAR VALUE PER SHARE
(Title of Class of Securities)
None or unknown
(CUSIP Number of Class of Securities)
Ziv Sapir
Comrit Investments 1, LP
9 Ahad Ha’am Street
Tel Aviv, Israel 6129101
+ 972-3-519-9936
Copy to:
Amos W. Barclay
Holland & Hart LLP
1800 Broadway, Suite 300
Boulder, Colorado 80302
Phone: (303) 473-2700
(Name, Address, and Telephone Number of
Person Authorized to Receive Notices and
Communications on Behalf of Offeror)
Calculation of Filing Fee:
Transaction | | Amount of |
Valuation* | | Filing Fee** |
$26,136,000 | | $3,245.38 |
* For purposes of calculating the filing fee only. Assumes the purchase of 1,800,000 shares of Common Stock at a purchase price equal to $14.52 per share in cash.
** The filing fee was calculated in accordance with Rule 0-11 under the Securities Exchange Act of 1934, as amended, and Fee Rate Advisory No. 1 for each of Fiscal Years 2018 and 2019, issued August 24, 2017 and August 24, 2018, respectively. The filing fee was calculated by multiplying the original transaction valuation (as of the initial filing date of September 25, 2018) by 0.0001245 and adding to that the product of the difference in valuation resulting from the increased offer price described in this Amendment, multiplied by 0.0001212.
x Check box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
Amount Previously Paid: $2,931.23
Form or Registration Number: Schedule TO-T (File No. 005-89905)
Filing Party: Comrit Investments 1, Limited Partnership
Date Filed: September 25, 2018
o Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
Check the appropriate boxes below to designate any transactions to which the statement relates:
x third party tender offer subject to Rule 14d-1.
o issuer tender offer subject to Rule 13e-4.
o going private transaction subject to Rule 13e-3
o amendment to Schedule 13D under Rule 13d-2
Check the following box if the filing is a final amendment reporting the results of the tender offer: o
If applicable, check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon:
o Rule 13e-4(i) (Cross-Border Issuer Tender Offer)
o Rule 14d-1(d) (Cross-Border Third-Party Tender Offer)
AMENDMENT NO. 2 TO TENDER OFFER
This Amendment No. 2 to Tender Offer Statement on Schedule TO (this “Amendment”) relates to the offer (the “Offer”) by Comrit Investments 1, Limited Partnership to purchase up to 1,800,000 shares of common stock, par value $0.01 per share (the “Shares”), in Benefit Street Partners Realty Trust, Inc., the subject company.
This Amendment amends the Offer by (1) extending the expiration date of the Offer from November 27, 2018 to November 30, 2018, and (2) increasing the purchase price to $14.52 per Share, upon the terms and subject to the conditions set forth in the Amended Offer to Purchase dated September 25, 2018 (the “Offer to Purchase”) and the related Amended Assignment Form, copies of which are attached hereto as Exhibits (a)(1) and (a)(2), respectively.
The information in the Offer to Purchase and the Amended Assignment Form, including all schedules and annexes thereto, is hereby expressly incorporated herein by reference in response to all the items of this Statement.
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