other material
confidence high
sentiment neutral
materiality 0.45
ACRES Commercial Realty enters $50M common ATM and preferred sale agreements
ACRES Commercial Realty Corp.
- New common ATM with Raymond James allows up to $50M of common stock sales at up to 2.0% commission.
- Preferred ATM with Seaport Global covers up to 2,980,000 Series C and 2,192,143 Series D shares, replacing Jones Trading pact.
- Prior Jones agreement terminated Sept 1, 2026; only 7,857 Series D shares sold under it.
- Both agreements dated Sept 3, 2026; issued under Form S-3 (No. 333-278433) with prospectus supplements.