Rithm Capital Corp. Files 8-K with Financials and Preferred Stock Details
Ticker: RITM-PD · Form: 8-K · Filed: May 1, 2024 · CIK: 1556593
| Field | Detail |
|---|---|
| Company | Rithm Capital Corp. (RITM-PD) |
| Form Type | 8-K |
| Filed Date | May 1, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, preferred-stock, disclosure
Related Tickers: RITM
TL;DR
RITM dropped an 8-K detailing financials and preferred stock series. Check your holdings!
AI Summary
Rithm Capital Corp. (RITM) filed an 8-K on May 1, 2024, reporting on Regulation FD disclosures and financial statements. The filing also lists various preferred stock series, including Seven00FixedRateResetSeriesDCumulativeRedeemablePreferredStockMember, Six375SeriesCFixedToFloatingRateCumulativeRedeemablePreferredStockMember, Seven125SeriesBFixedToFloatingRateCumulativeRedeemablePreferredStockMember, and Seven50SeriesAFixedToFloatingRateCumulativeRedeemablePreferredStockMember, along with common stock. The company's former names include New Residential Investment Corp.
Why It Matters
This filing provides an update on Rithm Capital's financial reporting and details its various preferred stock issuances, which are important for investors to understand the company's capital structure and potential dividend obligations.
Risk Assessment
Risk Level: low — This is a routine filing providing financial information and disclosures, not indicating any immediate operational or financial distress.
Key Players & Entities
- Rithm Capital Corp. (company) — Filer
- New Residential Investment Corp. (company) — Former company name
- May 1, 2024 (date) — Filing date
FAQ
What is the primary purpose of this 8-K filing by Rithm Capital Corp.?
The primary purpose of this 8-K filing is to report on Regulation FD disclosures and to include financial statements and exhibits.
What are some of the specific preferred stock series mentioned in the filing?
The filing mentions several preferred stock series, including Seven00FixedRateResetSeriesDCumulativeRedeemablePreferredStockMember, Six375SeriesCFixedToFloatingRateCumulativeRedeemablePreferredStockMember, Seven125SeriesBFixedToFloatingRateCumulativeRedeemablePreferredStockMember, and Seven50SeriesAFixedToFloatingRateCumulativeRedeemablePreferredStockMember.
What was Rithm Capital Corp. formerly known as?
Rithm Capital Corp. was formerly known as New Residential Investment Corp.
On what date was this 8-K report filed?
This 8-K report was filed on May 1, 2024.
What is the Standard Industrial Classification (SIC) code for Rithm Capital Corp.?
The Standard Industrial Classification (SIC) code for Rithm Capital Corp. is 6798, which corresponds to Real Estate Investment Trusts.
Filing Stats: 638 words · 3 min read · ~2 pages · Grade level 11 · Accepted 2024-05-01 16:53:24
Key Financial Figures
- $0.01 — nge on which registered: Common Stock, $0.01 par value per share RITM New York S
Filing Documents
- ef20028258_8k.htm (8-K) — 34KB
- ef20028258_ex99-1.htm (EX-99.1) — 9KB
- 0001140361-24-023744.txt ( ) — 241KB
- ritm-20240501.xsd (EX-101.SCH) — 5KB
- ritm-20240501_def.xml (EX-101.DEF) — 19KB
- ritm-20240501_lab.xml (EX-101.LAB) — 30KB
- ritm-20240501_pre.xml (EX-101.PRE) — 22KB
- ef20028258_8k_htm.xml (XML) — 10KB
01
Item 7.01 Regulation FD Disclosure On May 1, 2024, Rithm Capital Corp. ("Rithm") issued a press release announcing that it completed its previously announced acquisition of Computershare Mortgage Services Inc. and certain affiliated companies, including Specialized Loan Servicing LLC. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and the information contained therein is incorporated by reference into this Item 7.01. The information contained in the press release is being furnished, not filed, pursuant to this Item 7.01. Accordingly, such information will not be incorporated by reference into any filing filed by Rithm under the Securities Act of 1933 or the Securities Exchange Act of 1934, unless specifically identified therein as being incorporated by reference therein. The furnishing of the information in this Current Report on Form 8-K with respect to the press release is not intended to, and does not, constitute a determination or admission by Rithm that such information is material or complete, or that investors should consider this information before making an investment decision with respect to any security of Rithm.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press Release, dated as of May 1, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE 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. RITHM CAPITAL CORP. (Registrant) By: /s/ Nicola Santoro, Jr. Name: Nicola Santoro, Jr. Title: Chief Financial Officer and Chief Accounting Officer Dated: May 1, 2024