---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-056461"
form_type: "8-K"
ticker: "TPTA"
cik: "0001674356"
company_name: "Terra Property Trust, Inc."
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:48:26.842598+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Terra Property Trust to acquire Terra Income Fund 6 in stock merger valued at $14.38 per share

## Summary
- Each Terra BDC share converts to 0.595 shares of Terra REIT Class B common plus cash for fractional shares at $14.38/share.
- Terra REIT will increase authorized shares to 950M, designate Class A and Class B common, and convert existing shares to Class B.
- Class B shares auto-convert to Class A in three tranches: 180, 365, and 545 days after initial Class A listing.
- Terra BDC stockholders must approve merger; Terra REIT stockholders already approved charter amendment.
- Termination fee of $2.6M payable by Terra BDC under certain circumstances, reduced to $1.1M in specified cases.

## SEC filing metadata
- accession: 0001104659-22-056461
- form_type: 8-K
- ticker: TPTA
- cik: 0001674356
- company_name: Terra Property Trust, Inc.
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674356/000110465922056461/0001104659-22-056461-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674356/000110465922056461/tm2214498d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-056461
- JSON: https://secwatch.observer/filing/0001104659-22-056461.json
- Plain text: https://secwatch.observer/filing/0001104659-22-056461.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.