UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 1-U
CURRENT REPORT PURSUANT TO REGULATION A
Date of report: March 26, 2024
Worthy Property Bonds 2, Inc.
(Exact name of issuer as specified in its charter)
92-2292464
(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 |
In November 2023, Worthy Property Bonds 2, Inc. (the “Company”) approved an increase to the interest rate of its bonds from 6% APY to 7% APY for the twelve month period from November 13, 2023 to November 12, 2024. The Company has recently approved an extension of the 7% APY interest rate until January 1, 2026, at which time the interest rate shall automatically revert back to 6% APY.
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. | ||
| March 27, 2024 | 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.
| March 27, 2024 | By: | /s/ Dara Albright |
| Dara Albright | ||
| President and Chief Executive Officer |
| March 27, 2024 | By: | /s/ Sally Outlaw |
| Sally Outlaw | ||
| Director | ||
| March 27, 2024 | By: | /s/ Alan Jacobs |
| Alan Jacobs | ||
| Treasurer (Chief Financial Officer), Secretary and Director | ||
| March 27, 2024 | By: | /s/ Richard Alterman |
| Richard Alterman | ||
| Chief Operating Officer and Vice President |
