---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-035522"
form_type: "8-K"
ticker: "ACR"
cik: "0001332551"
company_name: "ACRES Commercial Realty Corp."
filed_at: "2021-07-01T23:59:59+00:00"
generated_at: "2026-06-30T07:55:29.589916+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ACRES Commercial Realty closes $53.3M follow-on offering of 7.875% Series D Preferred Stock

## Summary
- Offered 2,200,000 shares (including partial over-allotment) of 7.875% Series D Cumulative Redeemable Preferred Stock.
- Net proceeds of $53,267,500; to be used for loan originations and general corporate purposes.
- Underwriting agreement with Raymond James & Associates, Inc. dated June 28, 2021; offering closed June 30, 2021.

## SEC filing metadata
- accession: 0001564590-21-035522
- form_type: 8-K
- ticker: ACR
- cik: 0001332551
- company_name: ACRES Commercial Realty Corp.
- filed_at: 2021-07-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1332551/000156459021035522/0001564590-21-035522-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1332551/000156459021035522/acr-8k_20210628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-035522
- JSON: https://secwatch.observer/filing/0001564590-21-035522.json
- Plain text: https://secwatch.observer/filing/0001564590-21-035522.txt

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