Company: CLPR
Filing Date: 2025-02-04
Form Type: 424B5
Source: 0001437749-25-002637
Chunk: 98

Company: Clipper Realty Inc.
Filing Date: 2025-02-04
Form: 424B5
Chunk 98
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 purchases by a broker-dealer, as principal, and resale by the broker-dealer for its account; |

| ● | ordinary brokerage transactions and transactions in which a broker solicits purchasers; or |

| ● | privately negotiated transactions. |

Subject to maintaining our qualification as a REIT, we may also enter into hedging transactions. For example, we may:

| ● | enter into transactions with a broker-dealer or affiliate thereof in connection with which such broker-dealer or affiliate will engage in short sales of securities offered pursuant to this prospectus, in which case such broker-dealer or affiliate may use securities issued pursuant to this prospectus close out its short positions; |

| ● | sell securities short and redeliver such shares to close out our short positions; |

| ● | enter into option or other types of transactions that require us to deliver securities to a broker-dealer or an affiliate thereof, who will then resell or transfer securities under this prospectus; or |

| ● | loan or pledge securities to a broker-dealer or an affiliate thereof, who may sell the loaned securities or, in an event of default in the case of a pledge, sell the pledged securities pursuant to this prospectus. |

We will set forth in a prospectus supplement the terms of the offering of securities, including:

| ● | the name or names of any agents or underwriters; |

| ● | the purchase price of the securities being offered and the proceeds we will receive from the sale; |

| ● | the terms of the securities offered; |

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| ● | any over-allotment options under which underwriters or agents may purchase or place additional securities; |

| ● | any agency fees or underwriting discounts and other items constituting agents’ or underwriters’ compensation; |

| ● | any public offering price; |

| ● | any discounts or concessions allowed or reallowed or paid to dealers; and |

| ● | any securities exchanges on which such securities may be listed. |

Agents

We may designate agents who agree to use their reasonable efforts to solicit purchases for the period of their appointment or to sell the securities being offered hereby on a continuing basis, unless otherwise provided in a prospectus supplement.

We may from time to time engage a broker-dealer to act as our offering agent for one or more offerings of our securities. If we reach agreement with an offering agent with respect to a specific offering, including the number of securities and any minimum price below which sales may not be