Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.95
Franklin BSP Realty Trust, Inc.: Amended Articles Supplementary for Series H Convertible Preferred Stock to extend mandatory conversion date from January 19, 2023 to January 19, 2024 and permit monthly conversions of up to 4,487 shares (effective 2023-01-19).
- Change
- charter amendment
- Effective
- 2023-01-19
Exact text from the filing
Amendment No. 1 to Articles Supplementary for Series H Convertible Preferred Stock On January 19, 2023, Franklin BSP Realty Trust, Inc. (the “ Company ”) filed Amendment No. 1 (the “ Amendment ”) to the Articles Supplementary (the “ Series H Articles Supplementary ”) relating to the Company’s Series H Convertible Preferred Stock, $0.01 par value per share (the “ Series H Preferred Stock ”) with the Maryland State Department of Assessments and Taxation, which Amendment became effective upon filing.
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Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Franklin BSP Realty Trust, Inc. shareholders approved Approval of Amendment to the Certificate of Incorporation at the 2023-01-17 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2023-01-17
Exact text from the filing
On January 17, 2023, the sole stockholder of the Series H Preferred Stock executed and delivered to the Company a written consent approving the Amendment.
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