v3.26.1
Subsequent Events
12 Months Ended
Dec. 31, 2025
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Management has evaluated subsequent events for potential recognition or disclosure in these consolidated financial statements through March 23, 2026, which was the date the consolidated financial statements were available to be issued.
iPO Proceeds
Effective September 23, 2025, the Company’s latest offering statement was qualified by the SEC. Since the report date through the date of these financial statements, we have raised approximately $3.8 million from settled subscriptions.
Merger
As of the date of these financial statements, the Merger is still in process. See further discussion of the Merger in Note 1, Formation and Organization above.
Fundrise LP Promissory Note
On February 17, 2026, National Lending, LLC paid down $2.5 million of principal for the loan made by Moat Investments, LP (f/k/a Fundrise, L.P.) originally executed on October 1, 2024 and extended on September 15, 2025.
Fundrise LP Distribution
On February 19, 2026, Moat Investments, LP (f/k/a Fundrise, L.P.) made a distribution to its partners. The total amount of $2.5 million was distributed to Moatable, Inc. and Rise Companies Corp. in accordance with their respective ownership percentage of Moat Investments, LP, with Moatable, Inc. receiving $2.45 million and Rise Companies Corp. receiving $0.05 million.