other material
confidence high
sentiment neutral
materiality 0.50
Great Ajax sets April 22 record date for May 20 meeting to vote on Rithm Capital transaction
Rithm Property Trust Inc.
- Record date for 2024 stockholder meeting is April 22, 2024; meeting expected on May 20, 2024.
- Shareholders to vote on issuing common stock exceeding 19.99% NYSE cap to exchanging investors.
- Also voting on issuing common stock and warrants to Rithm, deemed a change of control, and electing four directors.
- Proposals include entering management agreement with Rithm affiliate RCM GA Manager as external manager and adopting equity plan amendment.
- Ratification of Moss Adams LLP as independent auditor for fiscal 2024 also up for vote.