CTO Realty Growth Updates Fiscal Year End

TL;DR

CTO Realty Growth (CTO) changed its fiscal year end to Dec 31, effective March 28.

AI Summary

CTO Realty Growth, Inc. filed an 8-K on April 3, 2024, reporting a change in its fiscal year end to December 31st, effective March 28, 2024. This filing also includes financial statements and exhibits, indicating routine corporate updates and disclosures.

Why It Matters

This change in fiscal year end may affect the timing of financial reporting and investor analysis for CTO Realty Growth, Inc.

Risk Assessment

Risk Level: low — The filing primarily concerns administrative changes to the company's fiscal year and routine disclosures, posing minimal immediate risk.

Key Players & Entities

• CTO Realty Growth, Inc. (company) — Registrant
• March 28, 2024 (date) — Effective date of fiscal year change
• April 3, 2024 (date) — Filing date of the 8-K
• December 31 (date) — New fiscal year end

FAQ

Key Financial Figures

• $0.01 — ge on which registered: Common Stock, $0.01 par value per share CTO NYSE 6.37
• $25.00 — share, with a liquidation preference of $25.00 per share (the "Series A Preferred Stoc

Filing Documents

• tm2410761d1_8k.htm (8-K) — 28KB
• tm2410761d1_ex3-1.htm (EX-3.1) — 11KB
• 0001104659-24-043097.txt ( ) — 260KB
• cto-20240328.xsd (EX-101.SCH) — 4KB
• cto-20240328_def.xml (EX-101.DEF) — 26KB
• cto-20240328_lab.xml (EX-101.LAB) — 36KB
• cto-20240328_pre.xml (EX-101.PRE) — 25KB
• tm2410761d1_8k_htm.xml (XML) — 6KB

03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On March 28, 2024, CTO Realty Growth, Inc. (the "Company") filed Articles Supplementary (the "Additional Series A Articles Supplementary") to the Company's charter with the State Department of Assessments and Taxation of Maryland to classify and designate 3,000,000 shares of the Company's authorized but unissued preferred stock, par value $0.01 per share, as additional shares of 6.375% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share, with a liquidation preference of $25.00 per share (the "Series A Preferred Stock"), with the powers, preferences and privileges as set forth in the Articles Supplementary filed as Exhibit 3.2 to the Company's Registration Statement on Form 8-A, filed with the U.S. Securities and Exchange Commission on July 1, 2021 (the "July 2021 Series A Articles Supplementary"). The Additional Series A Articles Supplementary became effective upon filing on March 28, 2024, and upon such effectiveness, the Company was authorized to issue an aggregate of 5,978,808 shares of Series A Preferred Stock (which reflects the previous repurchase by the Company of 21,192 shares of Series A Preferred Stock). A copy of the Additional Series A Articles Supplementary is filed as Exhibit 3.1 to this Current Report on Form 8-K, and the information in the July 2021 Series A Articles Supplementary is incorporated into this Item 5.03 by reference. The foregoing description of the terms of the Additional Series A Articles Supplementary in this Item 5.03 is qualified in its entirety by reference to Exhibit 3.1 hereto and the July 2021 Series A Articles Supplementary.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Exhibit Description 3.1 Articles Supplementary classifying and designating 3,000,000 additional shares of Series A Preferred Stock 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. CTO REALTY GROWTH, INC. By: /s/ John P. Albright Name: John P. Albright Title: President and Chief Executive Officer Date: April 3, 2024

View Full Filing

View this 8-K filing on SEC EDGAR