Attached files
| file | filename |
|---|---|
| 8-K - IMH Financial Corp | v200184_8k.htm |
October 27, 2010
Dear Shareholders:
When I last wrote to you, it was to
inform you that the IMH Secured Loan Fund, LLC had been successfully converted
into IMH Financial Corporation (“IMHFC”), a Delaware corporation. As the Chairman
and CEO of IMHFC, I am now writing to thank you again for your support and to
briefly update you on our activities and progress since the
conversion.
I am pleased to announce that on October
27, 2010, we filed with the Securities and Exchange Commission (the “SEC”) an
initial registration statement on Form S-11 relating to a proposed public
offering of IMHFC common stock, and, upon the closing of the proposed offering,
proposed listing of IMHFC common stock on the New York Stock Exchange under the
ticker symbol “IFC.”
The registration statement is not yet
effective, is subject to customary review by the SEC, and we expect to file
various amendments to the registration statement in the course of the SEC review
process. The size, timing and ability to complete the proposed offering are
subject to and contingent upon marketing considerations, including financial
market conditions, the timing of effectiveness of the registration statement and
other risks, uncertainties and considerations.
The preliminary prospectus included in
the registration statement can be publicly accessed at www.sec.gov, reference CIK
#1397403. Once the prospectus is available, a copy of the prospectus
may also be obtained by contacting IMH Financial Corporation, 4900 N. Scottsdale Road, Suite
5000, Scottsdale, AZ 85251, Attention: “Investor Relations.”
During the review period, we remain subject to the SEC’s restrictions regarding
shareholder communications relating to a proposed offering.
This
letter is for informational purposes only and shall not constitute an offer to
sell or the solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer, solicitation
or sale would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction. A registration statement relating to
these securities has been filed with the SEC, but has not yet become
effective. These securities may not be sold nor may offers to buy be
accepted prior to the time the registration statement becomes
effective.
We sincerely thank you for your
understanding and patience during this process.
Very best regards,
Shane Albers
Chairman and CEO
Please
Note: You should
have received previously a letter and transaction confirmation from Register and
Transfer Company, our transfer agent, detailing the conversion of your units to
shares. If you have not received this letter, please contact Investor
Relations at Registrar & Transfer Company at (800) 960-6552 or at
imhinfo@rtco.com. Statements relating to the proposed
offering and listing are forward-looking statements based on our beliefs,
assumptions and expectations as of the date of this letter and are subject to
change. You should not place undue reliance on these forward-looking
statements. Risks and uncertainties relating to the proposed offering
and IMHFC can be found under the heading “Risk Factors” in the preliminary
prospectus included in the registration statement filed with the
SEC.