{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-025600","form_type":"8-K","ticker":"RC","cik":"0001527590","company_name":"Ready Capital Corp","filed_at":"2023-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.393417+00:00","generated_at":"2026-06-18T23:32:00.441858+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Ready Capital to acquire Broadmark Realty Capital in ~$787M all-stock merger","bullets":["Each Broadmark share converted into 0.47233 RC shares; offer price $5.90/share, 41% premium to Feb 24 close.","Pro forma equity capital base of $2.8B; combined market cap ~$2.2B; RC stockholders own ~64%, Broadmark ~36%.","Transaction expected to close in Q2 2023, subject to stockholder approvals and customary conditions.","Combined company to be 4th largest commercial mortgage REIT; Waterfall Asset Management to continue as manager.","Ready Capital to assume Broadmark's outstanding senior unsecured notes."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-025600","json":"https://secwatch.observer/filing/0001104659-23-025600.json","markdown":"https://secwatch.observer/filing/0001104659-23-025600.md","text":"https://secwatch.observer/filing/0001104659-23-025600.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527590/000110465923025600/0001104659-23-025600-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527590/000110465923025600/tm237886d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T23:32:00.441858+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}