ACRES Commercial Realty Corp. Files 8-K

TL;DR

ACRES filed an 8-K on June 6th for shareholder votes and financials.

AI Summary

ACRES Commercial Realty Corp. filed an 8-K on June 6, 2024, reporting the submission of matters to a vote of security holders and financial statements. The filing also details the company's corporate information, including its incorporation in Maryland and its fiscal year end of December 31.

Why It Matters

This filing indicates important corporate actions and financial reporting by ACRES Commercial Realty Corp., which could affect investors' understanding of the company's status.

Risk Assessment

Risk Level: low — This is a routine filing reporting corporate actions and financial statements, not indicating any immediate financial distress or significant new risks.

Key Players & Entities

• ACRES Commercial Realty Corp. (company) — Registrant
• June 06, 2024 (date) — Date of earliest event reported
• Maryland (jurisdiction) — State of Incorporation
• 1-32733 (identifier) — Commission File Number
• 20-2287134 (identifier) — IRS Employer Identification No.

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value per share ACR New York St

Filing Documents

• acr-20240606.htm (8-K) — 80KB
• 0000950170-24-069902.txt ( ) — 228KB
• acr-20240606.xsd (EX-101.SCH) — 45KB
• acr-20240606_htm.xml (XML) — 7KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On June 6, 2024, ACRES Commercial Realty Corp. (the "Company") held its 2024 Annual Meeting of Stockholders at which its stockholders: (i) elected nine directors: Messrs. Andrew Fentress, Mark S. Fogel, David J. Bryant, Gary Ickowicz, Steven J. Kessler, Murray S. Levin and P. Sherrill Neff and Mses. Karen Edwards and Dawanna Williams to serve until the next annual meeting of stockholders in 2025; (ii) approved, in an advisory vote, the compensation of the Company's named executive officers; and (iii) ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024. The voting results were as follows: Election of Directors Shares For Shares Against Abstentions Broker Non-Votes Mr. Bryant 2,123,750 371,429 1,196,563 1,998,539 Ms. Edwards 2,139,219 356,372 1,196,151 1,998,539 Mr. Fentress 2,120,112 374,199 1,197,431 1,998,539 Mr. Fogel 2,143,708 350,998 1,197,036 1,998,539 Mr. Ickowicz 2,125,483 368,113 1,198,146 1,998,539 Mr. Kessler 2,088,008 407,067 1,196,667 1,998,539 Mr. Levin 1,966,211 528,561 1,196,970 1,998,539 Mr. Neff 2,131,621 364,001 1,196,120 1,998,539 Ms. Williams 2,108,679 387,123 1,195,940 1,998,539 A proposal to approve, in an advisory vote, the compensation of the Company's named executive officers: Shares For Shares Against Abstentions Broker Non-Votes 2,036,022 409,788 1,245,932 1,998,539 A proposal to ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024: Shares For Shares Against Abstentions 4,347,695 145,795 1,196,791

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ACRES COMMERCIAL REALTY CORP. Date: June 6, 2024 By: /s/ Jaclyn Jesberger Jaclyn Jesberger Senior Vice President, Chief Legal Officer and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR