{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-092513","form_type":"8-K/A","ticker":"RC","cik":"0001527590","company_name":"Ready Capital Corp","filed_at":"2023-08-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.201412+00:00","generated_at":"2026-06-11T08:21:02.709599+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ready Capital closes Broadmark merger; records bargain purchase gain of $222M in Q1 2023 pro forma","bullets":["Acquired Broadmark on May 31, 2023; issued 62.2M shares of RC common stock valued at $637.2M ($10.24/sh).","Pro forma net income for Q1 2023 of $205.9M including $221.8M bargain purchase gain; EPS of $1.15 basic.","Pro forma net income for FY 2022 of $391.1M including $229.6M bargain purchase gain; EPS of $2.20 basic.","Fair value adjustments include $34.0M impairment on real estate assets and $7.6M on loans to fair value.","Historical Broadmark stockholders own ~36% of combined company; book value per share at Mar 31, 2023: $14.64."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-092513","json":"https://secwatch.observer/filing/0001104659-23-092513.json","markdown":"https://secwatch.observer/filing/0001104659-23-092513.md","text":"https://secwatch.observer/filing/0001104659-23-092513.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527590/000110465923092513/0001104659-23-092513-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527590/000110465923092513/tm2323903d1_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T08:21:02.709599+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"}