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I own this stock and it's down around 50%. Now they are....

"Fund to Conduct "Modified Dutch Auction" Exchange Offer for up to 15 Million Common Shares in Exchange for Preferred Shares and Cash; Offer Price Between $10.00 and $12.00 per Share Represents a Premium of 20%-44% Over Current Market Price"

They are also converting to a REIT to be complete Q1 2021.

This offer will not make me whole - I'm just wondering what the best course of action is at this time...go with the high $12 exchange or ignore it and hold the common stock?

I'm completely lost on this and would appreciate any help/input.
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