---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-049736"
form_type: "8-K"
ticker: "RPT"
cik: "0001614806"
company_name: "Rithm Property Trust Inc."
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T14:00:58.485466+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Great Ajax announces final conversion rate of 1.7405 shares/$25 note ahead of April 30 maturity

## Summary
- Convertible notes mature on April 30, 2024; final conversion rate set at 1.7405 shares per $25 principal.
- Conversion price is approximately $14.36 per share of common stock.
- Notes are 7.25% Convertible Senior Notes due 2024 (ticker: AJXA).

## SEC filing metadata
- accession: 0001104659-24-049736
- form_type: 8-K
- ticker: RPT
- cik: 0001614806
- company_name: Rithm Property Trust Inc.
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1614806/000110465924049736/0001104659-24-049736-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1614806/000110465924049736/tm2412334d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-049736
- JSON: https://secwatch.observer/filing/0001104659-24-049736.json
- Plain text: https://secwatch.observer/filing/0001104659-24-049736.txt

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