# EDGAR Filing Document

**Accession Number:** 0001819088
**File Stem:** 0001104659-23-028349
**Filing Date:** 2023-3
**Character Count:** 5126
**Document Hash:** 397f3257d56272b321fccf8b07c9d475
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-028349.hdr.sgml**: 20230303

**ACCESSION NUMBER**: 0001104659-23-028349

**CONFORMED SUBMISSION TYPE**: 1-U

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230224

**ITEM INFORMATION**: Departure of Certain Officers

**FILED AS OF DATE**: 20230303

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Elevate.Money REIT I, Inc.
- **CENTRAL INDEX KEY:** 0001819088
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **IRS NUMBER:** 851856425
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 1-U
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 24R-00348
- **FILM NUMBER:** 23703078

**BUSINESS ADDRESS:**
- **STREET 1:** 4600 CAMPUS DRIVE, SUITE 201
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 9492752658

**MAIL ADDRESS:**
- **STREET 1:** 4600 CAMPUS DRIVE, SUITE 201
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Escalate Wealth REIT I
- **DATE OF NAME CHANGE:** 20200723

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 1-U**

**CURRENT REPORT**

**Pursuant to Regulation A of the Securities Act of 1933**

Date of Report (Date of earliest event reported): **February 24, 2023**

**ELEVATE.MONEY REIT I, INC.**

(Exact name of issuer as specified in its charter)

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| | |
|:---|:---|
| &nbsp;&nbsp;**Maryland** | &nbsp;&nbsp;**85-1856425** |
| &nbsp;&nbsp;(State or other jurisdiction of incorporation) | &nbsp;&nbsp;(IRS Employer Identification No.) |

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| | |
|:---|:---|
| &nbsp;&nbsp;**4600 Campus Drive, Suite 201, Newport Beach, CA 92660** | &nbsp;&nbsp;**92626** |
| &nbsp;&nbsp;(Full mailing address of principal executive offices) | &nbsp;&nbsp;(ZIP Code) |

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(949) 606-9897

(Issuer's telephone number, including area code)

Title of each class of securities issued pursuant to Regulation A: **Common Stock**

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| | |
|:---|:---|
| **Item 7.** | **Departure of Certain Officers** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> **<u>Changes in Officers</u>**<br>Effective February 24, 2023, Shital Patel was appointed Chief Financial Officer of the Company. Ms. Patel assumed such position from David Perduk, current Chief Executive Officer, who was serving as Chief Financial Officer, in addition to his CEO duties, on an interim basis. Mr. Perduk will continue his current position as Chairman of the Board and Chief Executive Officer of the Company.<br>Ms. Patel, age 42, has extensive experience in corporate finance and business strategy. Ms. Patel has been Chief Financial Officer of ATM.com, Inc., a cash-reward based personal data collection application, since February 2019, and Chief Financial Officer and advisory board member of NarrativeWave, Inc., a provider of advanced analytics and AI-powered solutions for the manufacturing industry, since January 2019. Ms. Patel has also served Chief Financial Officer of Sriji Financial Services, LLC, a financial consultant, since November 2018. Her prior leadership roles include serving as Financial Advisor to Nobody Studios, Inc. from March 2020 to September 2022, Chief Financial Officer of Freespira, Inc. from January 2020 to April 2022, and Chief Financial Officer of Pivotus Ventures, Inc. from 2017 to October 2018.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> **<u>Changes in Officers</u>**<br>Effective February 24, 2023, Shital Patel was appointed Chief Financial Officer of the Company. Ms. Patel assumed such position from David Perduk, current Chief Executive Officer, who was serving as Chief Financial Officer, in addition to his CEO duties, on an interim basis. Mr. Perduk will continue his current position as Chairman of the Board and Chief Executive Officer of the Company.<br>Ms. Patel, age 42, has extensive experience in corporate finance and business strategy. Ms. Patel has been Chief Financial Officer of ATM.com, Inc., a cash-reward based personal data collection application, since February 2019, and Chief Financial Officer and advisory board member of NarrativeWave, Inc., a provider of advanced analytics and AI-powered solutions for the manufacturing industry, since January 2019. Ms. Patel has also served Chief Financial Officer of Sriji Financial Services, LLC, a financial consultant, since November 2018. Her prior leadership roles include serving as Financial Advisor to Nobody Studios, Inc. from March 2020 to September 2022, Chief Financial Officer of Freespira, Inc. from January 2020 to April 2022, and Chief Financial Officer of Pivotus Ventures, Inc. from 2017 to October 2018.  |

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**SIGNATURE**

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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| | |
|:---|:---|
| **<br> ELEVATE.MONEY REIT I, INC.** | **<br> ELEVATE.MONEY REIT I, INC.** |
| By: | <u>/s/ DAVID PERDUK</u> |
|  | David Perduk |
|  | Chief Executive Officer |

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Date: March 3, 2023