Martin Reasoner gains 11.41% stake in ACRES Commercial Realty (ACR)
Rhea-AI Filing Summary
ACRES Commercial Realty Corp. reports that executive Martin Reasoner has become a significant holder of its common stock following the completion of a merger involving ACRES Capital Corp and a subsidiary of ACRES Commercial Realty on August 6, 2026. Each share of ACRES Capital Corp common stock was converted into 2.61882 shares of ACRES Commercial Realty common stock at the Effective Time.
Through his ownership of the external manager, Reasoner received 1,517,095 shares of ACRES Commercial Realty common stock in the merger and now beneficially owns 1,535,506 shares. This represents 11.41% of the 13,452,489 common shares outstanding, with sole voting and sole dispositive power over the entire position.
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Key Figures
Key Terms
beneficially owned financial
sole voting power financial
dispositive power financial
Agreement and Plan of Merger regulatory
Effective Time regulatory
Merger Sub regulatory
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