Total front-end fees and offering expenses are stated at $4,218,789, with $100,000 in O/O expense reimbursements, while specific selling commissions are not disclosed.
Front-end fee composition
O/O Expense Reimbursement$0.10M0.25%
Dealer Fee$40.18M100.00%
Total front-end sponsor compensation$4,218,789 6.48% of acq. cost
O/O Expense Reimbursement
$100,000
0.25%
Dealer Fee
$40,178,939
100.00%
Total Front-end Fees
$4,218,789
6.48%
Strengths
- Upfront offering fees defined at $4,218,789
- O/O expense reimbursement specified at $100,000
Concerns
- Broker selling commission schedule is not disclosed
- Dealer fee and O&O expense fields reflect overall equity capitalization figures in extracted text