InPoint REIT Confirms Preferred Stock NYSE Listing
Ticker: ICRP · Form: 8-K · Filed: Jan 30, 2024 · CIK: 1690012
| Field | Detail |
|---|---|
| Company | Inpoint Commercial Real Estate Income, Inc. (ICRP) |
| Form Type | 8-K |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: listing-status, preferred-stock, regulatory-filing
TL;DR
**InPoint REIT's preferred stock is officially listed on the NYSE, confirming its trading status.**
AI Summary
InPoint Commercial Real Estate Income, Inc. filed an 8-K on January 30, 2024, to report 'Other Events.' The filing confirms 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 matters to investors because it reaffirms the listing status of their preferred shares, providing transparency and liquidity information for those holding or considering these specific securities.
Why It Matters
This filing confirms the listing of InPoint's preferred stock on the NYSE, which is important for investors seeking liquidity and transparency for these specific shares.
Risk Assessment
Risk Level: low — This filing is purely informational, confirming existing listing details, and does not introduce new risks or changes to the company's operations.
Analyst Insight
Investors holding or considering InPoint Commercial Real Estate Income, Inc.'s preferred stock should note this filing as a confirmation of its continued listing on the NYSE, ensuring market access and transparency for these specific securities.
Key Numbers
- 6.75% — coupon rate (annual dividend rate for the Series A Cumulative Redeemable Preferred Stock)
- $0.001 — par value (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 Preferred Stock
- January 30, 2024 (date) — date of the earliest event reported and filing date
Forward-Looking Statements
- The 6.75% Series A Cumulative Redeemable Preferred Stock will continue to trade on the New York Stock Exchange under the symbol ICR PR A. (InPoint Commercial Real Estate Income, Inc.) — high confidence, target: 2025-01-30
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant is InPoint Commercial Real Estate Income, Inc.
What is the trading symbol for InPoint Commercial Real Estate Income, Inc.'s 6.75% Series A Cumulative Redeemable Preferred Stock?
The trading symbol for the 6.75% Series A Cumulative Redeemable Preferred Stock is ICR PR A.
On which exchange is the 6.75% Series A Cumulative Redeemable Preferred Stock registered?
The 6.75% Series A Cumulative Redeemable Preferred Stock is registered on the New York Stock Exchange.
What is the par value per share of the Series A Cumulative Redeemable Preferred Stock?
The par value per share of the Series A Cumulative Redeemable Preferred Stock is $0.001.
What was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported was January 30, 2024.
Filing Stats: 838 words · 3 min read · ~3 pages · Grade level 11.8 · Accepted 2024-01-30 16:15:24
Key Financial Figures
- $0.001 — e Redeemable Preferred Stock, par value $0.001 per share ICR PR A New York Stock E
Filing Documents
- ck0001690012-20240130.htm (8-K) — 58KB
- 0000950170-24-008840.txt ( ) — 173KB
- ck0001690012-20240130.xsd (EX-101.SCH) — 25KB
- ck0001690012-20240130_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. Distribution to Stockholders of Record as of January 31, 2024 The Board of Directors of InPoint Commercial Real Estate Income, Inc. (the "Company") has authorized a distribution for each class of its common stock in the amount per share set forth below. January 31, 2024 Record Date Gross Distribution Stockholder Servicing Fee Net Distribution Class A Common Stock $ 0.1042 N/A $ 0.1042 Class D Common Stock $ 0.1042 $ 0.0036 $ 0.1006 Class I Common Stock $ 0.1042 N/A $ 0.1042 Class P Common Stock $ 0.1042 N/A $ 0.1042 Class T Common Stock $ 0.1042 $ 0.0123 $ 0.0919 The net distributions for each class of common stock (which represent the gross distribution less any stockholder servicing fees for the applicable class of common stock) are payable to stockholders of record as of close of business January 31, 2024 and will be paid on or about February 20, 2024. These distributions will be paid in cash. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INPOINT COMMERCIAL REAL ESTATE INCOME, INC. Date: January 30, 2024 By: /s/ Catherine L. Lynch Catherine L. Lynch Chief Financial Officer