{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-023522","form_type":"8-K","ticker":"RC","cik":"0001527590","company_name":"Ready Capital Corp","filed_at":"2025-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.893542+00:00","generated_at":"2026-05-24T21:12:02.273761+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ready Capital completes acquisition of UDF IV; issues CVRs tied to loan proceeds","bullets":["Each UDF IV share converted into 0.416 RC shares and 0.416 CVRs; no fractional shares.","CVRs entitle holders to additional RC shares based on 60% of net proceeds from five UDF IV loans after principal recovery.","Approximately 12.8M RC shares issued, representing ~7% of combined company's outstanding equity.","CEO Thomas Capasse cited scaling the portfolio and unlocking growth as benefits of the merger."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-023522","json":"https://secwatch.observer/filing/0001104659-25-023522.json","markdown":"https://secwatch.observer/filing/0001104659-25-023522.md","text":"https://secwatch.observer/filing/0001104659-25-023522.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527590/000110465925023522/0001104659-25-023522-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527590/000110465925023522/tm258892d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T21:12:02.273761+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"}