Sunrise Realty Trust begins trading on Nasdaq after spin-off from AFC Gamma

Sunrise Realty Trust, Inc.

SUNS common stock begins when-issued trading on July 9, 2024 under symbol SUNSV; regular way trading starts July 10 under SUNS.
Spin-off completed; SUNS is an independent publicly-traded REIT from AFC Gamma's commercial real estate portfolio.
Transactions on distribution date (July 9) will not settle until July 11, 2024.
No public market existed for SUNS previously; trading prices are uncertain.

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