---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-110504"
form_type: "8-K"
ticker: "RPT"
cik: "0001614806"
company_name: "Rithm Property Trust Inc."
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T18:36:42.321141+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Great Ajax raises ~$11M via registered direct offering of 1.67M shares at $6.60 to Ellington Financial

## Summary
- Sold 1,666,666 shares of common stock at $6.60/share to Ellington Financial Inc. (EFC).
- Aggregate proceeds expected ~$11M before expenses; used to acquire mortgage-related assets.
- Offering conducted under existing shelf registration statement (Form S-3) and prospectus supplement dated Oct 20, 2023.
- Purchase agreement contains customary representations, warranties, and closing conditions.

## SEC filing metadata
- accession: 0001104659-23-110504
- form_type: 8-K
- ticker: RPT
- cik: 0001614806
- company_name: Rithm Property Trust Inc.
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1614806/000110465923110504/0001104659-23-110504-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1614806/000110465923110504/tm2328849d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-110504
- JSON: https://secwatch.observer/filing/0001104659-23-110504.json
- Plain text: https://secwatch.observer/filing/0001104659-23-110504.txt

## Key facts
- Material Agreements
  Rithm Property Trust Inc. entered into Purchase Agreement with Ellington Financial Inc. valued at approximately $11.0 million (effective 2023-10-20).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Ellington Financial Inc.
  - Value: approximately $11.0 million
  - Effective: 2023-10-20
  source text: On October 20, 2023, Great Ajax Corp. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with Ellington Financial Inc. (“EFC”), pursuant to which the Company agreed to sell and issue to EFC, in a registered direct offering (the “Registered Offering”), an aggregate of 1,666,666 shares of common stock, $0.01 par value per share, of the Company, at a purchase price per share of $6.60 (the “Shares”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1614806/000110465923110504/0001104659-23-110504-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.