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Sunrise Realty Trust, Inc.
Sunrise Realty Trust (SUNS) stockholders approved the issuance of approximately 8,464,955 shares of common stock to facilitate the merger with Southern Realty Trust (SRT). The merger is expected to close on or around November 5, 2026, and the company has declared a stub period dividend of $0.09 per share, payable on November 5, 2026, to stockholders of record as of November 2, 2026.…more
Sunrise Realty Trust, Inc.
Sunrise Realty Trust has supplemented its proxy statement to address shareholder lawsuits and disclosure demands regarding its merger with Southern Realty Trust. Additionally, the company authorized a stock repurchase program of up to $20 million through December 31, 2027, with an initial commitment to repurchase at least $10 million immediately following the merger closing.…more
Sunrise Realty Trust, Inc.
Sunrise Realty Trust (SUNS) announced that independent proxy advisory firms ISS and Glass Lewis have recommended that stockholders vote 'FOR' the proposed merger with Southern Realty Trust (SRT). The special meeting scheduled for October 23, 2026, will address the approval of issuing approximately 8,464,955 shares of SUNS common stock for the merger.…more
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Sunrise Realty Trust Shareholders Approve Merger with Southern Realty Trust…more
Sunrise Realty Trust shareholders have approved the merger with Southern Realty Trust to create a larger commercial real estate lending platform. The company also declared a stub period dividend of $0.09 per share, with the merger expected to close on November 5, 2026.…more
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Sunrise Realty Trust announced that proxy advisory firms ISS and Glass Lewis recommended voting in favor of its proposed merger with Southern Realty Trust. The deal involves a significant share issuance, which may impact existing shareholders.…more
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선라이즈 리얼티 트러스트는 2분기 분배 가능 이익이 주당 0.29달러를 기록하며 배당금을 안정적으로 충당했다고 밝혔습니다. 상업용 부동산 대출 포트폴리오의 회복력을 바탕으로 향후 선별적인 투자 기회를 모색할 계획입니다.…more
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