UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 1-U
CURRENT REPORT PURSUANT TO REGULATION A
Date of report: August 10, 2023
Worthy Property Bonds, Inc.
(Exact name of issuer as specified in its charter)
86-3192320
(I.R.S. Employer Identification Number)
11175 Cicero Drive, Suite 100, Alpharetta, Georgia 30022
(Full mailing address of principal executive office)
(678) 646-6791
(Issuer’s telephone number, including area code)
Item 3(a). Material Modification to Rights of Securityholders
Worthy Property Bonds, Inc. (the “Company”) has approved an increase to the interest rate of its bonds from 5.5% (5.73% APY) to 5.75% (6% APY) for the six month period from August 15, 2023 to February 14, 2024.
SIGNATURES
Pursuant to the requirements of Regulation A, the issuer has duly caused this Form 1-U to be signed on its behalf by the undersigned, thereunto duly organized.
| | Worthy Property Bonds, Inc. |
| | | |
| August 10, 2023 | By: | /s/ Dara Albright |
| | | Dara Albright Chief Executive Officer, principal executive officer |
Pursuant to the requirements of Regulation A, this Form 1-U has been signed by the following persons in the capacities and on the date indicated.
| August 10, 2023 | By: | /s/ Dara Albright |
| | | Dara Albright President, Chief Executive Officer, Chief Marketing Officer and Director |
| August 10, 2023 | By: | /s/ Sally Outlaw |
| | | Sally Outlaw Director |
| August 10, 2023 | By: | /s/ Alan Jacobs |
| | | Alan Jacobs Treasurer (Chief Financial Officer), Secretary and Director |
