Brent Reynolds - Apr 15, 2022 Form 3 Insider Report for NRI Real Token Inc. (NONE)

Role: CEO and President, Director
Signature: /s/ Brent Reynolds
Stock symbol: NONE
Transactions as of: Apr 15, 2022
Transactions value $: $0
Form type: 3
Date filed: 5/2/2022, 03:54 PM
Next filing: Jan 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NONE	Common Stock, $0.01 par value per share						2.4K	Apr 15, 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	NONE	Convertible Operating Partnership Units							Apr 15, 2022	Common Stock, $0.01 par value per share	5.03M		By NRI Real Token Thesis LLC	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 5,028,549 Convertible Operating Partnership Units ("OP Units") of NRI Real Token LP, a Delaware limited partnership, held by NRI Real Token Thesis LLC (the "Sponsor"). The OP Units are convertible into shares of common stock of NRI Real Token Inc. at the option of Sponsor, subject to certain limitations. The sole manager of the Sponsor is NRI Real Token Advisors LLC. The sole member and manager of NRI Real Token Advisors LLC is Nolan Reynolds International, LLC. Nolan Reynolds International, LLC is managed by Nolan Company, LLC and Design Development Investments, LLC. The Reporting Person is a manager of Design Development Investments, LLC. As a result, the Reporting Person holds dispositive and voting power over the OP Units, and therefore may be deemed to be a beneficial owner of the OP Units owned by the Sponsor. The Reporting Person disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Content

Represents 5,028,549 Convertible Operating Partnership Units ("OP Units") of NRI Real Token LP, a Delaware limited partnership, held by NRI Real Token Thesis LLC (the "Sponsor"). The OP Units are convertible into shares of common stock of NRI Real Token Inc. at the option of Sponsor, subject to certain limitations. The sole manager of the Sponsor is NRI Real Token Advisors LLC. The sole member and manager of NRI Real Token Advisors LLC is Nolan Reynolds International, LLC. Nolan Reynolds International, LLC is managed by Nolan Company, LLC and Design Development Investments, LLC. The Reporting Person is a manager of Design Development Investments, LLC. As a result, the Reporting Person holds dispositive and voting power over the OP Units, and therefore may be deemed to be a beneficial owner of the OP Units owned by the Sponsor. The Reporting Person disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.