Hi All,
During December, one of the underlying assets (Asset 22) was extended to September 2024. This is a loan that was originally due in December 2023. The borrower has several assets in the process of being sold, which will be used to pay down the loan, and they needed more time. In exchange for time we obtained security on additional assets, that can be sold by an independent 3rd party in timely fashion if necessary. The related NFT will be extended accordingly, to properly reflect the value of the pool.
Best,
Fortunafi Team