{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-123081","form_type":"8-K","ticker":"MBIN","cik":"0001629019","company_name":"Merchants Bancorp","filed_at":"2024-11-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.034816+00:00","generated_at":"2026-05-29T17:54:17.479415+00:00","sec_items":["9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Merchants Bancorp to redeem Series B Preferred Stock on Jan 2, 2025 at $25/share; declares initial Series E dividend","bullets":["All outstanding Series B Preferred (MBINO) to be redeemed on Jan 2, 2025 at $25.00 per share; uses cash on hand.","Series B preferred had rate reset to 9.42% as of Oct 1, 2024; delisting from Nasdaq expected Jan 2, 2025.","Board declared initial quarterly dividend on Series E Preferred (MBINL) of $7.84/share ($0.196/depositary share).","Dividend payable Jan 2, 2025 to holders of record Dec 13, 2024.","Redemption price excludes previously declared $0.59/share dividend paid separately on Jan 2, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-123081","json":"https://secwatch.observer/filing/0001104659-24-123081.json","markdown":"https://secwatch.observer/filing/0001104659-24-123081.md","text":"https://secwatch.observer/filing/0001104659-24-123081.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1629019/000110465924123081/0001104659-24-123081-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1629019/000110465924123081/tm2429247d3_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T17:54:17.479415+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}