Franklin BSP Realty Trust extends ATM program with $200M capacity, no sales to date

Franklin BSP Realty Trust, Inc.

Entered Amendment No. 1 to Sales Agreement extending ATM program in connection with new S-3 registration filed Nov 8, 2024.
No shares sold under ATM to date; company does not presently intend to utilize program given current market conditions.
Filed resale prospectus for up to 1,882,841 shares by a selling stockholder; company will not receive any proceeds.
Agents will receive commission up to 2% of gross sales price; proceeds intended for commercial mortgage loan origination.

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