secwatch.observer — SEC 8-K summary
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Issuer:     Sunrise Realty Trust, Inc. (SUNS)
CIK:        0002012706
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0001628280-25-001936
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sunrise Realty Trust launches underwritten public offering of 5.5M shares
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- Offering of 5,500,000 shares of common stock, plus 825,000 share overallotment option for underwriters.
- Use of proceeds: fund loans for existing unfunded commitments, originate new CRE loans, and for working capital/debt repayment.
- Joint book-running managers: Raymond James, KBW, BTIG, Oppenheimer; co-lead: B. Riley, A.G.P.; co-manager: Seaport.
- Portfolio as of Dec 31, 2024: aggregate outstanding principal of approximately $132.6 million.
- Registration statement on Form S-11 filed but not yet effective; offering subject to market conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2012706/000162828025001936/0001628280-25-001936-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2012706/000162828025001936/suns-20250121.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-001936

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