InPoint Commercial Real Estate Income, Inc. Files 8-K
Ticker: ICRP · Form: 8-K · Filed: May 30, 2024 · CIK: 1690012
| Field | Detail |
|---|---|
| Company | Inpoint Commercial Real Estate Income, Inc. (ICRP) |
| Form Type | 8-K |
| Filed Date | May 30, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $0.421875 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, real-estate, disclosure
TL;DR
InPoint REIT filed a standard 8-K, no major news.
AI Summary
On May 30, 2024, InPoint Commercial Real Estate Income, Inc. filed an 8-K report. The filing primarily serves as a notification of events and does not detail specific financial transactions or material changes in business operations. The report confirms the company's identity, incorporation details, and contact information.
Why It Matters
This filing is a routine disclosure that confirms the company's operational status and reporting compliance with the SEC. It does not contain new material information impacting its business or stock.
Risk Assessment
Risk Level: low — The filing is a routine 8-K report and does not contain any new material information that would indicate a change in risk.
Key Players & Entities
- InPoint Commercial Real Estate Income, Inc. (company) — Registrant
- May 30, 2024 (date) — Date of Report
- Maryland (jurisdiction) — State of Incorporation
- 2901 Butterfield Road (address) — Principal Executive Offices
- Oak Brook, Illinois (location) — Principal Executive Offices City and State
FAQ
What is the primary purpose of this 8-K filing for InPoint Commercial Real Estate Income, Inc.?
The primary purpose of this 8-K filing is to report current information as required by the SEC, serving as a notification of events and confirming the company's details.
On what date was this 8-K report filed?
This 8-K report was filed on May 30, 2024.
In which U.S. state is InPoint Commercial Real Estate Income, Inc. incorporated?
InPoint Commercial Real Estate Income, Inc. is incorporated in Maryland.
What is the principal executive office address for InPoint Commercial Real Estate Income, Inc.?
The principal executive office address is 2901 Butterfield Road, Oak Brook, Illinois, 60523.
Does this 8-K filing disclose any new material financial information or business changes?
No, this 8-K filing is a routine report and does not disclose any new material financial information or specific business changes.
Filing Stats: 880 words · 4 min read · ~3 pages · Grade level 11.1 · Accepted 2024-05-30 16:29:34
Key Financial Figures
- $0.001 — e Redeemable Preferred Stock, par value $0.001 per share ICR PR A New York Stock E
- $0.421875 — YSE: ICR PR A). A quarterly dividend of $0.421875 per share will be paid on June 28, 2024
Filing Documents
- ck0001690012-20240530.htm (8-K) — 59KB
- 0000950170-24-066660.txt ( ) — 175KB
- ck0001690012-20240530.xsd (EX-101.SCH) — 25KB
- ck0001690012-20240530_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. Distribution to Stockholders of Record as of May 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. May 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 $ 0.0121 $ 0.0921 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 May 31, 2024 and will be paid on or about June 18, 2024. These distributions will be paid in cash. Preferred Stock Dividend On May 30, 2024, the Board of Directors of the Company authorized the declaration and payment of a quarterly dividend on its 6.75% Series A Cumulative Redeemable Preferred Stock (NYSE: ICR PR A). A quarterly dividend of $0.421875 per share will be paid on June 28, 2024 to holders of record of the Company's 6.75% Series A Cumulative Redeemable Preferred Stock on June 15, 2024. 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: May 30, 2024 By: /s/ Catherine L. Lynch Catherine L. Lynch Chief Financial Officer