secwatch.observer — SEC 8-K summary
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Issuer:     Broadmark Realty Capital Inc. (—)
CIK:        0001784797
Form:       8-K
Filed at:   2023-05-31T23:59:59+00:00
Accession:  0001104659-23-066662
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadmark Realty completes merger with Ready Capital; BRMK shares converted at 0.47233 RC shares
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- Effective May 31, 2023, Broadmark merged with RCC Merger Sub; surviving company is Ready Capital.
- Each BRMK share converted into 0.47233 shares of RC common stock (NYSE:RC); cash for fractional shares.
- Credit agreement with JPMorgan Chase terminated in connection with merger.
- BRMK trading suspended and delisted from NYSE; Company to file Form 15 to suspend reporting.
- All directors and executive officers of Broadmark ceased to hold positions at Effective Time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1784797/000110465923066662/0001104659-23-066662-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1784797/000110465923066662/tm2317444d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-066662

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