secwatch.observer — SEC 8-K summary
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Issuer:     Sunrise Realty Trust, Inc. (SUNS)
CIK:        0002012706
Form:       8-K
Filed at:   2024-07-09T23:59:59+00:00
Accession:  0002012706-24-000004
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2012706/000201270624000004/0002012706-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2012706/000201270624000004/suns-20240709.htm
  HTML page:      https://secwatch.observer/filing/0002012706-24-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer