---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-031514"
form_type: "8-K"
ticker: "SUNS"
cik: "0002012706"
company_name: "Sunrise Realty Trust, Inc."
filed_at: "2024-07-09T23:59:59+00:00"
generated_at: "2026-05-31T22:40:57.020137+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sunrise Realty Trust completes spin-off from AFC Gamma; begins trading on Nasdaq under ticker SUNS

## Summary
- AFC Gamma completed spin-off of SUNS on July 9, 2024; record date July 8, 2024.
- SUNS stockholders received one share of SUNS common stock for every three AFC Gamma shares.
- SUNS common stock began trading on Nasdaq Capital Market under symbol 'SUNS' on July 9, 2024.
- SUNS entered into Separation and Distribution, Tax Matters, Management, and Administrative Services Agreements with AFC Gamma and affiliates.
- SUNS adopted the 2024 Stock Incentive Plan as part of the separation.

## SEC filing metadata
- accession: 0001628280-24-031514
- form_type: 8-K
- ticker: SUNS
- cik: 0002012706
- company_name: Sunrise Realty Trust, Inc.
- filed_at: 2024-07-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 5.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2012706/000162828024031514/0001628280-24-031514-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2012706/000162828024031514/suns-20240708.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-031514
- JSON: https://secwatch.observer/filing/0001628280-24-031514.json
- Plain text: https://secwatch.observer/filing/0001628280-24-031514.txt

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