{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-023869","form_type":"8-K","ticker":"RC","cik":"0001527590","company_name":"Ready Capital Corp","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.617176+00:00","generated_at":"2026-05-22T04:07:15.611896+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Ready Capital Q1: GAAP EPS $0.47 but distributable loss $(0.09); book value $10.61","bullets":["GAAP EPS $0.47; distributable loss per share $(0.09); distributable earnings before realized losses $0.00.","Originations: $79M LMM CRE loans, $387M SBL loans (including $343M SBA 7(a)).","Book value $10.61 per share; declared $0.125/share cash dividend; repurchased 3.4M shares at avg $5.02.","Completed acquisition of United Development Funding IV, a REIT for residential developer financing.","Closed $220M 9.375% Senior Secured Notes due 2028; add-on $50M in April used to repay debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-023869","json":"https://secwatch.observer/filing/0001628280-25-023869.json","markdown":"https://secwatch.observer/filing/0001628280-25-023869.md","text":"https://secwatch.observer/filing/0001628280-25-023869.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527590/000162828025023869/0001628280-25-023869-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527590/000162828025023869/rc-20250508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T04:07:15.611896+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}