Shepherd's Finance Files 8-K on Agreement and Acquisition
| Field | Detail |
|---|---|
| Company | Shepherd'S Finance, LLC |
| Form Type | 8-K |
| Filed Date | Aug 12, 2025 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 9 min |
| Key Dollar Amounts | $10,366,869, $3,892,000, $892,000, $8,500,000, $1,950,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, acquisition, disposition, financial-statements
TL;DR
Shepherd's Finance just filed an 8-K for a new deal and asset completion. Big moves happening.
AI Summary
Shepherd's Finance, LLC filed an 8-K on August 12, 2025, reporting on events that occurred on August 6, 2025. The filing indicates an entry into a material definitive agreement and the completion of an acquisition or disposition of assets. It also includes financial statements and exhibits.
Why It Matters
This filing signals significant corporate activity for Shepherd's Finance, LLC, potentially involving new business arrangements or changes in asset ownership that could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — The filing indicates material definitive agreements and asset completion, which can introduce new risks or opportunities that are not yet fully detailed.
Key Players & Entities
- Shepherd's Finance, LLC (company) — Registrant
- August 6, 2025 (date) — Earliest event reported
- August 12, 2025 (date) — Date of report
- 13241 Bartram Park Blvd., Suite 2401, Jacksonville, Florida 32258 (address) — Principal executive offices
- 36-4608739 (ein) — IRS Employer Identification No.
FAQ
What was the nature of the material definitive agreement entered into by Shepherd's Finance, LLC?
The filing does not specify the details of the material definitive agreement, only that one was entered into on or before August 6, 2025.
What type of acquisition or disposition of assets was completed by Shepherd's Finance, LLC?
The filing states that an acquisition or disposition of assets was completed, but does not provide specific details about the transaction.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on August 6, 2025.
What is the principal executive office address for Shepherd's Finance, LLC?
The principal executive office address for Shepherd's Finance, LLC is 13241 Bartram Park Blvd., Suite 2401, Jacksonville, Florida 32258.
What is the Commission File Number for Shepherd's Finance, LLC?
The Commission File Number for Shepherd's Finance, LLC is 333-224557.
Filing Stats: 2,305 words · 9 min read · ~8 pages · Grade level 14.7 · Accepted 2025-08-12 17:18:26
Key Financial Figures
- $10,366,869 — opment company, for a purchase price of $10,366,869 (the "Purchase Price"). 339 was formed
- $3,892,000 — , for a purchase price of approximately $3,892,000, which purchase was subject to the debt
- $892,000 — owed by 339 inclusive of approximately $892,000 owed to the Company. The Company, as
- $8,500,000 — ch the maximum principal loan amount is $8,500,000 and the exiting commitment was $1,950,0
- $1,950,000 — ,500,000 and the exiting commitment was $1,950,000 immediately prior to the Disposition. A
- $13,450,000 — ers, to increase the loan commitment to $13,450,000 to facilitate the repurchase of 339, to
Filing Documents
- form8-k.htm (8-K) — 122KB
- ex10-1.htm (EX-10.1) — 35KB
- ex10-2.htm (EX-10.2) — 107KB
- ex10-1_001.jpg (GRAPHIC) — 48KB
- 0001641172-25-023247.txt ( ) — 512KB
- shep-20250806.xsd (EX-101.SCH) — 3KB
- shep-20250806_lab.xml (EX-101.LAB) — 33KB
- shep-20250806_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
financial statements of the Company as of and for the year ended December 31, 2024
financial statements of the Company as of and for the year ended December 31, 2024. This unaudited pro forma financial information is presented for informational purposes only and is not necessarily indicative of what the Company's results of operations actually would have been had the disposition of 339 Justabout Land Co, LLC ("339") been completed as of June 30, 2025 or December 31, 2024. In addition, this pro forma financial information does not purport to project the future operating results of the combined company. Management believes that the assumptions used provide a reasonable basis for presenting the significant effects of the Disposition, and that the pro forma adjustments in the unaudited pro forma consolidated financial information give appropriate effect to those assumptions. Pro forma information is intended to reflect the impact of the Disposition of 339 on the Company's historical financial position and results of operations through adjustments that are directly attributable to the transaction, that are factually supportable and, with respect to the pro forma consolidated statements of operations that are expected to have a continuing impact. The information in the accompanying footnotes provides a description of the pro forma adjustments from each line item in the pro forma consolidated financial Note 2. Pro Forma Adjustments The unaudited pro forma consolidated balance sheets as of June 30, 2025,Reflect the following adjustments related to the Disposition: (a) The addition to loans receivable and related interest escrow established through the Third Amendment on the date of Disposition. (b) Removal of the property, including two parcels with 67 lots, option fees receivable and deferred revenue attributable to the Disposition of 339. The unaudited pro forma consolidated statements of operations for the six months ended June 30,2025 and