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Forward-Looking Statements

This presentation contains “forward-looking statements,” as defined in the Private Securities Litigation Reform Act of 1995. These statements, which express Management’s current views concerning future events, trends, contingencies or results, appear at various places in this presentation.

Such forward-looking statements can generally be identified by our use of forward-looking terminology such as “targets,” “plans,” “may,” or other similar words (including their use in the negative).

Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date this presentation. We do not intend to update or revise any forward-looking statements, whether as a result of new information, future events, or other wise, except as required by applicable law.

Forward-looking statements are subject to inherent risks and uncertainties. Factors that could cause 10 Federal’s (the “Company”) actual results to differ materially from those expressed or implied in forward-looking statements include, among other things:

  • Increases in the Company’s borrowing costs as a result of inflation and increasing interest rates and other factors;
  • Changes in real estate market and general economic conditions or economic conditions in the markets in which the Company may, from time to time, compete, and the effect of those changes on the Company’s or revenues, earnings and Offering sources;
  • The ability and willingness of the Company’s tenants to renew their leases with the Company upon expiration of the leases, the Company’s ability to reposition its units on the same or better terms in the event of nonrenewal, including in the event of a recession;
  • Our ability to make acquisitions and dispositions and successfully integrate the businesses we acquire;
  • The Company’s limited operating history;
  • The Company’s success in implementing its business strategies;
  • The nature and extent of future competition, including new construction in the markets in which the Company and its facilities are located;
  • The Company’s reliance on key personnel;
  • The Company’s reliance on third-party vendors of technology, in particular the technology used to process and collect payments, or in the Company’s self-service kiosks or unmanned onsite operations and management;
  • Risks associated with the lack of liquidity of the Company’s securities; and
  • The impact of litigation or any financial, accounting, legal, tax or regulatory issues that may affect the Company or its tenants.

The factors noted above are not exhaustive. The Company operates in a dynamic business environment in which new risks emerge frequently. Further information about the Company’s businesses, including information about factors that could materially affect its results of operations and financial condition, is contained in the Company’s Private Placement Memorandum, which you should read before deciding to invest. Please contact us for this information.