ACRES Commercial Realty Corp. entered into new Equity Distribution Agreements on September 3, 2026, establishing at-the-market (ATM) offering programs for both common and preferred stock. The company may sell up to $50 million of common shares through Raymond James & Associates, Inc., with a commission not exceeding 2.0%. Simultaneously, the company entered into an agreement with Seaport Global Securities LLC to offer and sell up to 2,980,000 shares of Series C Preferred Stock and up to 2,192,143 shares of Series D Preferred Stock, also subject to a maximum 2.0% commission. These new agreements replace the prior preferred stock distribution agreement with Jones Trading Institutional Services LLC, which was terminated effective September 1, 2026. ACRES Commercial Realty Corp. operates in the real estate investment trust (REIT) industry, focusing on commercial mortgage lending and real estate finance.

ACRES Commercial Realty Corp. entered into a Securities Purchase Agreement on August 10, 2026, to issue and sell 2,220,000 shares of its 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock in a registered direct offering. The shares were sold at $23.75 per share, generating aggregate gross proceeds of approximately $52,750,000 before fees and expenses. The transaction closed on August 12, 2026, with Seaport Global LLC acting as the placement agent. This equity issuance provides capital to support the company's operations and growth initiatives within the commercial real estate investment trust industry.

ACRES Commercial Realty Corp. expects to complete its merger with ACRES Capital Corp. and internalization of management on August 6, 2026. ACC will merge into a subsidiary of ACR, allowing ACR to acquire the manager and terminate the existing management agreement without additional consideration. Shareholders of ACC will receive 2.61882 shares of ACR common stock for each share held, resulting in an issuance of approximately 7.48 million new shares. Concurrently, ACR expects to assume a $250 million credit facility with roughly $185 million outstanding and complete a private placement of $200 million in 8.625% Senior Secured Notes due 2031. Proceeds from the notes will repay $150 million of maturing senior unsecured notes, with the remainder for general corporate purposes. ACRES Commercial Realty Corp. is a real estate investment trust that invests in commercial real estate debt and equity.

On June 22, 2026, stockholders approved the issuance of approximately 7,487,219 shares of common stock to facilitate the merger of ACRES Capital Corp. (ACC) into ACRES Holdings Sub LLC, a wholly-owned subsidiary of the company. Stockholders also approved the 2026 Omnibus Equity Incentive Plan and elected nine directors. The company operates as a real estate investment trust (REIT) focused on commercial real estate investments.