Every 424B that Alpine Income Property Trust, Inc (PINE) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow PINE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PINE filings page.
Alpine Income Property Trust, Inc. updated its prospectus supplement to the up to $150,000,000 equity offering of Common Stock, filed under the base prospectus dated September 29, 2023. The supplement adds six new selling agents and forward counterparties and amends existing equity distribution agreements.
The supplement states that $103,531,143.15 of Common Stock aggregate offering price has been sold under the agreements and $46,468,856.85 remains available for offer and sale. The equity distribution agreements permit sales "from time to time" pursuant to separate agreements with appointed sales agents, forward sellers and forward purchasers.
Alpine Income Property Trust, Inc. updates its prospectus supplement to reflect additional sales agents and the remaining capacity under its planned offering of up to $35,000,000 aggregate offering price of 8.00% Series A Cumulative Redeemable Preferred Stock. The supplement adds Cantor Fitzgerald & Co. and Huntington Securities, Inc. as sales agents under separate equity distribution agreements and amends agreements with existing agents. Through the date of the supplement, $7,573,655.05 aggregate offering price has been sold, leaving up to $27,426,344.95 available for future offer and sale pursuant to the equity distribution agreements.
Alpine Income Property Trust, Inc. is offering up to $35,000,000 of its 8.00% Series A Cumulative Redeemable Preferred Stock through an at-the-market program on the NYSE. The preferred shares carry a $25.00 liquidation preference and pay cumulative cash dividends at an annual rate of 8.00%, or $2.00 per share, with the first dividend scheduled as a pro rata payment of $0.2722 per share on December 31, 2025.
The Series A ranks senior to common stock but junior to all debt and any future senior preferred, is generally non‑voting, and is redeemable at the company’s option on or after November 12, 2030 at $25.00 per share plus accrued dividends. A special optional redemption and a change‑of‑control conversion right may apply if control of the company changes, subject to caps and REIT ownership limits.
Net proceeds are intended to be contributed to the operating partnership for general corporate purposes, including property acquisitions, commercial loans and possible repayment of revolving and term debt. In connection with this offering, the external manager will permanently halve its base management fee rate on the incremental equity raised from 1.5% to 0.75% annually.
Alpine Income Property Trust (PINE) is offering 2,000,000 shares of 8.00% Series A Cumulative Redeemable Preferred Stock at $25.00 per share. The securities pay cumulative quarterly dividends at 8.00% of the $25.00 liquidation preference (annual $2.00 per share), beginning December 31, 2025, and rank senior to common stock for dividends and liquidation.
The company expects approximately $48.1 million in net proceeds (about $48.425 million before expenses) and has granted underwriters a 30‑day option for up to 300,000 additional shares. Proceeds will be contributed to the operating partnership and may be used for general corporate purposes, including property acquisitions, commercial loan investments, and debt repayment under its credit facilities. The Series A Preferred is not redeemable before November 12, 2030, except in limited REIT‑status and change‑of‑control cases; thereafter it may be redeemed at $25.00 plus accrued dividends. PINE intends to list the shares on the NYSE under the symbol PINE‑PA within 30 days of issuance and maintains a 9.8% ownership limit to support REIT status.
Alpine Income Property Trust, Inc. launched a primary offering of Series A Cumulative Redeemable Preferred Stock with a $25.00 per-share liquidation preference. Dividends are cumulative and payable quarterly, and the shares rank senior to common stock. The company intends to list the new preferred on the NYSE as PINE-PA. Generally, the shares are not redeemable before 2030, with optional redemption thereafter at $25.00 plus accrued dividends and a special optional redemption upon a qualified Change of Control. Holders receive limited voting rights if dividends are in arrears and a conversion right tied to certain Change of Control events, subject to an ownership cap.
Net proceeds will be contributed to the operating partnership for general corporate purposes, including property acquisitions, commercial loans and debt repayment. As of September 30, 2025, borrowings included $100 million under a 2027 term loan at ~3.75%, $158.5 million under the revolver at ~5.41%, and $100 million under a 2026 term loan at ~3.80%. The company’s charter limits ownership to 9.8% of any class or series, absent an approved exemption.