Company: CLPR
Filing Date: 2025-02-04
Form Type: 424B5
Source: 0001437749-25-002637
Chunk: 13

Company: Clipper Realty Inc.
Filing Date: 2025-02-04
Form: 424B5
Chunk 13
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 offering. They will include, where applicable:

| ● | the designation and par value of the preferred stock; |

| ● | the number of shares of such class or series of preferred stock authorized and offered, the liquidation preference per share and the offering price of such class or series of preferred stock; |

| ● | the dividend rate(s), period(s) and/or payment date(s) or method(s) of calculation thereof applicable to such class or series of preferred stock; |

| ● | whether dividends will be cumulative or non-cumulative and, if cumulative, the date from which dividends on the preferred stock will accumulate; |

| ● | the procedures for an auction and remarketing, if any, of such class or series of preferred stock; |

| ● | the provisions for a sinking fund, if any, for such class or series of preferred stock; |

| ● | any voting rights of such class or series of preferred stock; |

| ● | the provisions for redemption, if applicable, of such class or series of preferred stock; |

| ● | any listing of such class or series of preferred stock on any securities exchange; |

| ● | information with respect to book-entry registration procedures, if any; |

| ● | the terms and conditions, if applicable, upon which shares of such class or series of preferred stock will be convertible into or exchangeable for our common stock, shares of any other class or series of our stock or other securities, including the conversion price or the manner of calculating the conversion price and conversion period; |

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| ● | if appropriate, a discussion of U.S. federal income tax consequences applicable to such class or series of preferred stock; |

| ● | any limitations on actual, beneficial or constructive ownership and restrictions on transfer, in each case as may be appropriate to assist us in maintaining our qualification as a REIT or otherwise; |

| ● | the relative ranking and preferences of such class or series of preferred stock with respect to dividend and distribution rights and rights upon liquidation, dissolution or winding up of the affairs of the Company; and |

| ● | any other specific terms, preferences, rights, limitations or restrictions of such class or series of preferred stock. |

Conversion or Exchange

The terms and conditions, if any, upon which any class or series of preferred stock may be convertible into or exchangeable for shares of our common stock or shares of any other class or series of our stock or other securities will be stated in the prospectus supplement relating