secwatch.observer — SEC 8-K summary
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Issuer:     Alpine Income Property Trust, Inc. (PINE)
CIK:        0001786117
Form:       8-K
Filed at:   2025-11-10T23:59:59+00:00
Accession:  0001104659-25-109223
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Alpine Income Property Trust prices 2M share Series A Preferred Stock offering at $25 per share
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- Company issued 2,000,000 shares of 8.00% Series A Cumulative Redeemable Preferred Stock at $25.00 per share, with underwriter option for up to 300,000 additional shares.
- Dividends on Series A Preferred Stock are cumulative at 8.00% per annum, payable quarterly starting December 31, 2025.
- Preferred Stock ranks senior to common stock; not redeemable before November 12, 2030 except in limited circumstances.
- Manager waived portion of base management fee on incremental equity from preferred stock, reducing rate to 0.75% per annum.
- Underwriting agreement with Raymond James, Stifel, and Robert W. Baird; offering expected to close November 12, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786117/000110465925109223/0001104659-25-109223-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786117/000110465925109223/tm2530776d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-109223

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