{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-077386","form_type":"8-K","ticker":"RPT","cik":"0001614806","company_name":"Rithm Property Trust Inc.","filed_at":"2023-07-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.559730+00:00","generated_at":"2026-06-13T13:17:40.469692+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Great Ajax to be acquired by Ellington Financial at 0.5308 shares of EFC per AJX share, 19% premium","bullets":["Exchange ratio 0.5308 implies offer price of $7.33 per AJX share, ~19% premium to June 30 close.","EFC stockholders expected to own ~84% of combined company; AJX stockholders ~16%.","Transaction expected to close by year-end 2023, subject to AJX stockholder approval and other conditions.","Termination fee of $6.867M payable by AJX under certain circumstances including a superior proposal.","Great Ajax will redeem its Series A and B preferred stock and warrants prior to closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-077386","json":"https://secwatch.observer/filing/0001104659-23-077386.json","markdown":"https://secwatch.observer/filing/0001104659-23-077386.md","text":"https://secwatch.observer/filing/0001104659-23-077386.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1614806/000110465923077386/0001104659-23-077386-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1614806/000110465923077386/tm2320412d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T13:17:40.469692+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":[{"claim_id":"0cd808150e469ac1be929d4ebfabe40a9d3bd1c4","claim":"Rithm Property Trust Inc. entered into Agreement and Plan of Merger with Great Ajax Corp., Ellington Financial Inc., EF Acquisition I LLC (effective 2023-06-30).","evidence_excerpt":"On June 30, 2023, Great Ajax Corp., a Maryland corporation (“Great Ajax”), Ellington Financial Inc., a Delaware corporation (“EFC”) and EF Acquisition I LLC, a Maryland limited liability company and a direct, wholly-owned subsidiary of EFC (“Merger Sub”) entered into an Agreement and Plan of Merger (the “Merger Agreement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1614806/000110465923077386/0001104659-23-077386-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Great Ajax Corp., Ellington Financial Inc., EF Acquisition I LLC"},{"label":"Effective","value":"2023-06-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}