CTO Manager waives 50% of base fee on PINE preferred equity proceeds (1.50%→0.75%)

CTO Realty Growth, Inc.

PINE plans $ offering of 8.00% Series A Cumulative Redeemable Preferred Stock priced Nov 5, 2025.
Manager waives portion of Base Management Fee on incremental equity from preferred proceeds, reducing rate from 1.50% to 0.75% per annum.
Waiver contingent on completion of offering by Nov 30, 2025; if not completed, waiver void.
All other terms of Management Agreement remain in full force.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.