{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-075429","form_type":"8-K","ticker":"TPTA","cik":"0001674356","company_name":"Terra Property Trust, Inc.","filed_at":"2023-06-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.977921+00:00","generated_at":"2026-06-13T15:35:24.138926+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":"TPT and WMC merge to form $1.2B credit-oriented REIT; TPT shareholders to own 76%","bullets":["WMC issues Class B shares to TPT stockholders; exchange ratio 0.785 based on adjusted book values as of March 31, 2023.","Combined company expected to have ~$1.2B assets and ~$436M adjusted book value; TPT shareholders own ~76%.","Vik Uppal (TPT CEO) to lead combined company as CEO and Chairman; board of eight with six TPT-designated directors.","Transaction expected to close Q4 2023, subject to stockholder approvals; Mavik commits up to $4M share purchase.","WMC valued at 100% of adjusted book (~$106M) vs. ~$56M market cap prior to announcement."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-075429","json":"https://secwatch.observer/filing/0001104659-23-075429.json","markdown":"https://secwatch.observer/filing/0001104659-23-075429.md","text":"https://secwatch.observer/filing/0001104659-23-075429.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674356/000110465923075429/0001104659-23-075429-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674356/000110465923075429/tm2319764d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T15:35:24.138926+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"}