---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-26-008416"
form_type: "8-K"
ticker: "SUNS"
cik: "0002012706"
company_name: "Sunrise Realty Trust, Inc."
filed_at: "2026-08-06T10:48:48+00:00"
generated_at: "2026-08-06T10:50:16.612212+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sunrise Realty Trust to acquire Southern Realty Trust; SRT holders get 1.45 SUNS shares + $0.05 cash

## Summary
- Exchange ratio of 1.45 SUNS shares plus $0.05 cash per SRT share; fractional shares rounded up.
- Expected closing in Q4 2026; requires approval from both SUNS and SRT stockholders.
- Voting agreements cover ~28% of SUNS shares and ~32% of SRT shares, committing to vote in favor.
- Lock-up agreement restricts SRT stockholders from selling SUNS shares for 120 days post-closing.
- Amended management agreement reduces hurdle rate to 1.75%/quarter and incentive fee to 17.5% of Core Earnings.

## SEC filing metadata
- accession: 0001829126-26-008416
- form_type: 8-K
- ticker: SUNS
- cik: 0002012706
- company_name: Sunrise Realty Trust, Inc.
- filed_at: 2026-08-06T10:48:48+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2012706/000182912626008416/0001829126-26-008416-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2012706/000182912626008416/sunriserealty_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-26-008416
- JSON: https://secwatch.observer/filing/0001829126-26-008416.json
- Plain text: https://secwatch.observer/filing/0001829126-26-008416.txt

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