ACRES Commercial Realty Corp. (ACR) Form 424B5 — Sep 3, 2026
ACRES Commercial Realty Corp. (NYSE: ACR) filed a 424B5 prospectus supplement on September 3, 2026 establishing a $50,000,000 at-the-market equity program with Raymond James & Associates as sales agent. Shares may be sold from time to time at prevailing market prices, and the agent earns compensation of up to 2.0% of the gross sales price, with estimated offering expenses of about $720,000. Proceeds are earmarked for commercial real estate loan originations consistent with the company's investment policies and for general corporate purposes such as debt repayment and working capital.
Key figures
- Gross Proceeds
- up to $50,000,000 (maximum aggregate offering price under the ATM program)
- Ownership Limit
- 4.34% of any class or series of capital stock (subject to board exemption)
- Base Shelf Capacity
- $700,000,000
- Sales Agent Commission
- up to 2.0% of gross sales price
- Last Reported Sale Price
- $14.04 (NYSE, September 2, 2026)
- Shelf Registration Number
- 333-278433
- Sales Agent Counsel Fee Caps
- up to $100,000 at signing, plus up to $20,000 per Representation Date and up to $30,000 per due diligence refresh session
- Estimated Offering Expenses
- approximately $720,000
- Equity Distribution Agreement Date
- September 3, 2026
Price after filing
Close on the filing date to close N calendar days later (from $14.04). Historical, not a forecast.
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