InPoint Commercial REIT Confirms Preferred Stock NYSE Listing

TL;DR

**InPoint's 6.75% Series A Preferred Stock is officially listed on the NYSE under ICR PR A.**

AI Summary

InPoint Commercial Real Estate Income, Inc. filed an 8-K on January 16, 2024, to report that its 6.75% Series A Cumulative Redeemable Preferred Stock, with a par value of $0.001 per share, is registered on the New York Stock Exchange under the trading symbol ICR PR A. This filing, categorized under "Other Events," confirms the listing status of these preferred shares. For investors, this matters because it clarifies the exchange where these specific preferred shares are traded, providing transparency for current and potential shareholders regarding liquidity and market access.

Why It Matters

This filing confirms the official listing of InPoint's preferred stock on the NYSE, which is important for investors seeking to trade these specific securities.

Risk Assessment

Risk Level: low — This filing is purely informational, confirming a listing, and does not introduce new financial risks or operational changes.

Analyst Insight

Investors interested in InPoint Commercial Real Estate Income, Inc.'s preferred stock should note the confirmed NYSE listing and trading symbol (ICR PR A) for accurate market tracking and trading.

Key Numbers

• 6.75% — Coupon Rate (The dividend rate for the Series A Cumulative Redeemable Preferred Stock.)
• $0.001 — Par Value (The stated par value per share of the Series A Cumulative Redeemable Preferred Stock.)

Key Players & Entities

• InPoint Commercial Real Estate Income, Inc. (company) — the registrant filing the 8-K
• New York Stock Exchange (company) — the exchange where the preferred stock is registered
• $0.001 (dollar_amount) — par value per share of the Series A Cumulative Redeemable Preferred Stock
• January 16, 2024 (date) — date of the earliest event reported and filing date

FAQ

Key Financial Figures

• $0.001 — e Redeemable Preferred Stock, par value $0.001 per share ICR PR A New York Stock E
• $645 — er 31, 2023, we have accrued under GAAP $645 of stockholder servicing fees payable t

Filing Documents

• ck0001690012-20240116.htm (8-K) — 89KB
• 0000950170-24-004627.txt ( ) — 207KB
• ck0001690012-20240116.xsd (EX-101.SCH) — 25KB
• ck0001690012-20240116_htm.xml (XML) — 5KB

01 Other Events

Item 8.01 Other Events. Determination of December 31, 2023 NAV per Share InPoint Commercial Real Estate Income, Inc. (the “Company,” “we,” “our”) calculates net asset value (“NAV”) per share in accordance with the valuation guidelines that have been approved by its board of directors (the “Board”). Our NAV per share, which is updated as of the last calendar day of each month, is posted on our website at www.inland-investments.com/inpoint . The “Net Asset Value Calculation and Valuation Guidelines” section of our prospectus for our public offering (SEC Registration No. 333-264540), as supplemented, contains details regarding how our NAV is determined. Inland InPoint Advisor, LLC, our Advisor, is ultimately responsible for determining our NAV. We have included a breakdown of the components of total net asset value attributable to common stock and NAV per share for December 31, 2023. Our total net asset value attributable to all classes of our common stock in the aggregate is presented in the following table. As of December 31, 2023, we had not sold any Class S shares of common stock in our public offering. As previously announced, on January 30, 2023, our Board unanimously approved the suspension of the sale of shares in the primary portion of our public offering and through our amended and restated distribution reinvestment plan. The following table provides a breakdown of the major components of our total net asset value attributable to common stock as of December 31, 2023 ($ and shares in thousands, except per share data): Components of NAV December 31, 2023 Commercial mortgage loans $ 727,586 Cash and cash equivalents and restricted cash 54,143 Other assets 5,611 Repurchase agreements - commercial mortgage loans (457,438 ) Credit facility payable (9,498 ) Loan participations sold (57,226 ) Due to related parties (2,028 ) Distribution

View Full Filing

View this 8-K filing on SEC EDGAR