secwatch.observer — SEC 8-K summary
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Issuer:     Franklin BSP Realty Trust, Inc. (FBRT)
CIK:        0001562528
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0001104659-24-115954
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562528/000110465924115954/0001104659-24-115954-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562528/000110465924115954/tm2427724d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-115954

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