ACRES repurchases $4M of 4.5% convertible notes; total $55.7M bought back

ACRES Commercial Realty Corp.

Repurchased $4.0M aggregate principal of 4.5% convertible notes due 2022 at par in private transaction.
Combined with prior $51.7M repurchases, total $55.7M repurchased; $88.0M principal remains outstanding.
Anticipated $1.5M charge to earnings ($0.16/share) from extinguishment ($1.2M) and deferred cost acceleration ($0.3M).
Charge includes $1.2M debt extinguishment charge and $304K interest expense from accelerated deferred issuance costs.

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.