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Acres Commercial Realty launches USD 50 million at-the-market common stock offering program

PUBT·09/04/2026 10:02:57
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Acres Commercial Realty launches USD 50 million at-the-market common stock offering program
  • Acres Commercial Realty set up an at-the-market equity distribution program for up to USD 50 million of common stock.
  • Raymond James will act as sales agent; selling commission capped at 2% of gross proceeds.
  • A separate at-the-market program covers up to 2,980,000 shares of 8.625% Fixed-to-Floating Series C preferred stock.
  • The preferred program also covers up to 2,192,143 shares of 7.875% Series D preferred stock; Seaport Global Securities is sales agent.
  • The new preferred distribution agreement replaces the prior 2021 agreement with Jones Trading.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Acres Commercial Realty Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-382349), on September 04, 2026, and is solely responsible for the information contained therein.