secwatch.observer — SEC 8-K summary
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Issuer:     Sunrise Realty Trust, Inc. (SUNS)
CIK:        0002012706
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0002012706-24-000010
Event type: dividend
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SUNS declares $0.21 partial Q3 and $0.42 Q4 dividends; portfolio $119.6M commitments
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- Spin-off finalized July 9, making SUNS a pure-play CRE lender focused on the Southern US.
- Portfolio commitments total $119.6M, with $96.2M funded as of August 5, 2024.
- Partial Q3 2024 dividend of $0.21/share, payable October 15 to holders of record September 30.
- Regular Q4 2024 dividend of $0.42/share, payable January 15, 2025 to holders of record December 31.
- CEO Brian Sedrish cites confidence in business strategy; 10-Q for Q2 2024 also filed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2012706/000201270624000010/0002012706-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2012706/000201270624000010/suns-20240814.htm
  HTML page:      https://secwatch.observer/filing/0002012706-24-000010

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