---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-363629"
form_type: "8-K/A"
ticker: "ACR"
cik: "0001332551"
company_name: "ACRES Commercial Realty Corp."
filed_at: "2026-08-24T20:20:06+00:00"
generated_at: "2026-08-24T20:22:18.556272+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ACR internalizes manager via merger; pro forma H1 loss $36.9M

## Summary
- Merger closed Aug 6, 2026; ACC shares converted at 2.61882 ACR shares each.
- ACR issued ~7.48M shares; preliminary purchase price $68.9M; goodwill $169.5M.
- Pro forma H1 2026 net loss allocable to common shareholders $36.9M ($2.04/share).
- Pro forma FY2025 net loss allocable to common shareholders $36.4M ($2.60/share).
- Management agreement terminated; ACR no longer externally managed; final purchase price allocation pending.

## SEC filing metadata
- accession: 0001193125-26-363629
- form_type: 8-K/A
- ticker: ACR
- cik: 0001332551
- company_name: ACRES Commercial Realty Corp.
- filed_at: 2026-08-24T20:20:06+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1332551/000119312526363629/0001193125-26-363629-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1332551/000119312526363629/acr-20260806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-363629
- JSON: https://secwatch.observer/filing/0001193125-26-363629.json
- Plain text: https://secwatch.observer/filing/0001193125-26-363629.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.