Exempt, Inc. Announces Launch of $750 Million Offering of Unsecured Convertible Notes 7.5%

North Carolina (September 09, 2018) — Exempt, Inc.. (“Exempt”) announced today it intends to commence a private offering of $750 Million in aggregate principal amount of unsecured convertible notes due July 2019 (the “Notes”). Exempt, intends to use the net proceeds of the offering, together with other trading programs under new senior credit facilities and cash on hand, to finance certain future indebtedness. Completion of the financing transaction is subject to market, documentation and customary closing conditions. 

About Exempt, Inc. 

Founded in June 2005, Exempt, Inc.is a North Carolina corporation focused on supporting commercial real estate development projects, humanitarian efforts, mergers and acquisitions, and the project development industry.   The proposed private transaction contemplates an offering of $750 Million aggregate principal amount of unsecured convertible notes.  

The Notes

The notes are offered to qualified institution buyers under Rule 144A under the United States Securities Act of 1933, as amended (the Securities Act) and to qualified persons in the United States under Regulation D rule 506(b).  The notes will not be registered and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from the Securities Act, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Notes in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.  

Forward-looking statements

Various statements herein about Exempt,'s future expectations, plans and prospects are forward-looking statements which reflect Exempt,’s current views with respect to future events and financial performance. Statements which include the words “expect,” “project,” are intended to identify such forward-looking.  These statements are based on management's current expectations and beliefs and are subject to a number of factors that could lead to actual results materially different from those described in the forward-looking statements. Exempt, can give no assurance that its expectations will be attained. There are important factors that could cause actual results, level of activity, performance or achievements to differ from the results, level of activity, performance or achievements expressed or implied in the forward-looking statements. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this press release may not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Such forward-looking statements speak only as of the date of this press release. Exempt, expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Exempt,’s expectations with regard thereto or change in events, conditions or circumstances on which any statement is based.


Contact for this Press Release:


(336) 587- 5571


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