--- title: "Wellstreet Senior Living Ends Its Reg A Offering Seven Weeks After Dropping the Worthy Name" url: https://altstreet.investments/news/wellstreet-senior-living-terminates-reg-a-offering-worthy-rebrand-2026-09-01 kind: news-article updated: 2026-09-10 description: "Wellstreet Senior Living (ex-Worthy Senior Living) terminated its Reg A offering Aug. 31, 2026, filings show, amid a sponsor-wide rename from Worthy to Wellstreet." publisher: AltStreet (https://altstreet.investments) license: Public factual pages may be read, quoted and cited with attribution and a link. Bulk redistribution is not permitted. --- # Wellstreet Senior Living Ends Its Reg A Offering Seven Weeks After Dropping the Worthy Name A Form 1-U filed September 1 shows the senior-housing issuer formerly named Worthy Senior Living terminated its Regulation A offering effective August 31, 2026, seven weeks after a Georgia name change that mirrors a rename across its sponsor's affiliates. The officers who sign for the Wellstreet entities also run the Worthy bond programs that stopped honoring redemptions in 2022. Published September 10, 2026. Platform: Worthy (https://altstreet.investments/platforms/reviews/worthy). Wellstreet Senior Living, Inc., the Georgia issuer previously named Worthy Senior Living, Inc., terminated its Regulation A securities offering effective August 31, 2026, according to a Form 1-U filed with the Securities and Exchange Commission on September 1, 2026 (accession 0001493152-26-040917). The filing states the company will no longer offer securities for purchase under the offering, File No. 024-12578, and will continue to meet its periodic reporting obligations under Regulation A. The termination follows a name change disclosed in a separate Form 1-U filed August 24, 2026 (accession 0001493152-26-039810), which attached a Certificate of Amendment filed with the Georgia Secretary of State on July 13, 2026 renaming the company from Worthy Senior Living, Inc. to Wellstreet Senior Living, Inc. Both filings are signed by Alan Jacobs as Chief Financial Officer. ## What the filings show Two filings, eight days apart, document a sequence at the same entity: a legal name change followed by the closure of the offering that had been raising capital under the prior name. The September 1 termination notice is narrow. It confirms the offering is closed to new investment and that reporting continues, but it does not state a reason, does not disclose an amount raised to date, and does not address the status or liquidity of SL Preferred Shares already held by investors. - Sept. 1, 2026 Form 1-U: Regulation A offering terminated effective Aug. 31, 2026 (File No. 024-12578); accession 0001493152-26-040917. - Aug. 24, 2026 Form 1-U: Georgia Certificate of Amendment (filed July 13, 2026) renaming Worthy Senior Living, Inc. to Wellstreet Senior Living, Inc.; accession 0001493152-26-039810. - July 10, 2026 Form 1-U (Worthy Wealth, Inc.): Certificate of Amendment dated July 7, 2026 renaming the parent to Wellstreet Financial, Inc.; accession 0001493152-26-032834. ## Background The entity began raising capital in 2025 under the name Worthy Wealth Senior Living, Inc., a subsidiary of Worthy Wealth, Inc., the Georgia affiliate of the Worthy consumer investment platform. Per the offering circular and accompanying press materials, the offering sought up to $75 million of SL Preferred Shares at $10 per share with a $100 minimum investment and a stated 15% net annualized target yield, comprised of quarterly dividends and profit sharing. The stated strategy was to acquire underperforming senior living facilities, finance upgrades and operational enhancements, and cover management and administrative costs. The company's first annual report, a Form 1-K for the year ended June 30, 2025, reported $584,623 of cash, $523,904 of stockholders' equity and a net loss of $30,713, and its auditor included an explanatory paragraph on the company's ability to continue as a going concern. The 1-K's risk factors state that 'the members of our management have limited experience in managing real estate or developing real estate projects.' No later financial statements have been filed. Worthy Wealth and its subsidiaries share their chief executive and chief financial officers, Sally Outlaw and Alan Jacobs, with Worthy Financial, Inc., the Boca Raton parent of the Worthy Bonds platform. Worthy Financial's five Regulation A bond issuers have sold about $262 million of $10 bonds since January 2018. Three of those programs stopped honoring redemptions between 2022 and 2023; two, Worthy Peer Capital and Worthy Peer Capital II, were dissolved on January 30, 2026 with $12.66 million of bonds unpaid, and the two Property Bonds programs still on sale carry going-concern paragraphs in their March 2026 audits. Worthy Wealth had agreed in December 2023 to acquire the Property Bonds issuers from Worthy Financial; it terminated that agreement on February 4, 2026 and on March 31, 2026 bought the Worthy software platform instead, for $1 million in cash plus $1 million of its own stock. AltStreet's Worthy review sets out that record in full. The rename to Wellstreet Senior Living is one of three. Worthy Wealth, Inc. became Wellstreet Financial, Inc. by a Certificate of Amendment dated July 7, 2026, disclosed in a 1-U filed July 10, and Worthy Wealth Realty, Inc. became Wellstreet Realty, Inc., disclosed in a 1-U filed August 24. Offering circular supplements were subsequently filed under the Wellstreet Financial name on July 10, August 21 and September 4, 2026. Read together, the filings show a coordinated rename across the sponsor's family of entities rather than a change confined to the senior-living subsidiary. ## The pattern in AltStreet's data AltStreet's monitoring shows the senior-living entity's name-change disclosure (August 24, 2026) and an offering circular supplement filed the same day, followed eight days later by the termination notice (effective August 31, filed September 1). In parallel, the parent entity's own rename took effect July 7, and Wellstreet Financial filed offering circular supplements on July 10, August 21 and September 4, 2026. A corporate rename across a sponsor's entities followed closely by the closure of one entity's offering is consistent with a restructuring of the product line, though the filings reviewed do not state that the two are connected. The Senior Living termination is the first of the three Wellstreet offerings to close. Wellstreet Financial continues to market 9% to 10% Housing Bonds with a three-year lock and $10 equity shares on its site, and its own FY June 2025 annual report carries the same auditor's going-concern paragraph. ## Why it matters For investors and advisers tracking Regulation A issuers, a Form 1-U termination notice is a discrete, verifiable event: it closes the door on new capital coming into a specific offering. It does not, on its own, indicate the financial condition of the issuer, the performance of any assets acquired with prior proceeds, or what will happen to investors who already hold SL Preferred Shares. Regulation A issuers commonly terminate one qualified offering and later file a new one, sometimes at revised terms or under a new name, and the filings reviewed here do not indicate which path, if any, Wellstreet Senior Living intends to take. The reason the sequence is worth more than a note is the management record behind it. Wellstreet is a separate issuer from the Worthy bond programs, but its officers' operating history cannot be evaluated separately from Worthy's: the same two people sign for the parent that sold $262 million of demand-redeemable bonds, for the two issuers dissolved in January with nothing left for holders, for the affiliate that walked away from buying the live Property Bonds issuers, and now for the Wellstreet entities selling a higher rate on a longer lock. An investor offered Wellstreet Housing Bonds should read the Worthy issuers' 1-Ks before the Wellstreet marketing. ## What the filings do not show The Form 1-U filings reviewed confirm only that the offering was terminated effective August 31, 2026 and that the company's name was changed in Georgia on July 13, 2026. They do not disclose the total amount raised under the offering before termination, the number of investors who purchased SL Preferred Shares, the current financial condition of the issuer or any senior living assets it acquired, or whether the company intends to file a new offering under the Wellstreet name. Nothing in these filings characterizes the termination as resulting from investor demand, capital constraints, operational performance, or any other cause. The characterization of a sponsor-wide rebrand rests on the three Certificates of Amendment and the timing of the related filings; no filed statement links the rename to the termination. The Worthy bond record summarized above is drawn from those issuers' own annual reports and current reports, which AltStreet has read in full and which are cited in the linked review. ## Key facts - Form 1-U filed September 1, 2026 (accession 0001493152-26-040917) discloses termination of the Regulation A offering effective August 31, 2026, under File No. 024-12578; the company will continue periodic reporting. - Form 1-U filed August 24, 2026 (accession 0001493152-26-039810) attaches a Georgia Certificate of Amendment, filed July 13, 2026, changing the company's name from Worthy Senior Living, Inc. to Wellstreet Senior Living, Inc. Both filings are signed by Alan Jacobs as Chief Financial Officer. - Sibling entities renamed the same month: Worthy Wealth, Inc. became Wellstreet Financial, Inc. by a Certificate of Amendment dated July 7, 2026 (1-U filed July 10), and Worthy Wealth Realty, Inc. became Wellstreet Realty, Inc. (1-U filed August 24). - The offering, launched in 2025 as Worthy Wealth Senior Living, sought up to $75 million of SL Preferred Shares at $10 per share with a $100 minimum and a stated 15% net annualized target yield, per the offering circular and press materials. - The company's first annual report (Form 1-K for the year ended June 30, 2025) reported $584,623 of cash, $523,904 of equity and a $30,713 net loss, with an explanatory going-concern paragraph from the auditor. - The filings reviewed do not disclose how much capital was raised under the offering before termination or why it was terminated. - Wellstreet's CEO and CFO are the CEO and CFO of Worthy Financial, Inc., whose Worthy Peer Capital and Worthy Peer Capital II bond issuers were dissolved on January 30, 2026 with $12.66 million of bonds unpaid; see AltStreet's Worthy review. ## Sources - Form 1-U, Wellstreet Senior Living, Inc., September 1, 2026 (offering termination): https://www.sec.gov/Archives/edgar/data/2054462/000149315226040917/form1-u.htm - Form 1-U, Wellstreet Senior Living, Inc., August 24, 2026 (Certificate of Amendment): https://www.sec.gov/Archives/edgar/data/2054462/000149315226039810/form1-u.htm - Form 1-U, Wellstreet Financial, Inc. (formerly Worthy Wealth, Inc.), July 10, 2026: https://www.sec.gov/Archives/edgar/data/2007516/000149315226032834/form1-u.htm - Form of Investor Agreement (Worthy Wealth Senior Living): https://www.sec.gov/Archives/edgar/data/2054462/000164117225006625/ex4-1.htm - Worthy Bonds Review 2026: What the SEC Filings Say About the 6.5% Bonds: https://altstreet.investments/platforms/reviews/worthy --- Source page: https://altstreet.investments/news/wellstreet-senior-living-terminates-reg-a-offering-worthy-rebrand-2026-09-01 Machine index: https://altstreet.investments/llms.txt AltStreet reads what platforms, funds and issuers file with the SEC and what they tell investors, and publishes the difference. Figures are as filed or as captured on the date stated; nothing here is investment advice.