Starwood Property Trust Files 8-K
Ticker: STWD · Form: 8-K · Filed: 2024-09-05T00:00:00.000Z
Sentiment: neutral
Topics: 8-K, financial-statements, exhibits
TL;DR
SPT filed an 8-K, mostly financial docs, no major news yet.
AI Summary
Starwood Property Trust, Inc. filed an 8-K on September 5, 2024, reporting an event on September 3, 2024. The filing primarily concerns financial statements and exhibits, with no specific material events detailed in the provided text.
Why It Matters
This filing indicates Starwood Property Trust is providing updated financial information or exhibits to the SEC, which is standard practice for public companies.
Risk Assessment
Risk Level: low — The filing is a routine 8-K for financial statements and exhibits, not indicating any immediate material adverse events.
Key Players & Entities
- Starwood Property Trust, Inc. (company) — Registrant
- September 3, 2024 (date) — Earliest event reported
- September 5, 2024 (date) — Date of report
- 001-34436 (company) — Commission File Number
- 27-0247747 (company) — IRS Employer Identification No.
- 591 West Putnam Avenue Greenwich, CT 06830 (address) — Principal executive offices
- (203) 422-7700 (phone) — Registrant's telephone number
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on 'Other Events' and 'Financial Statements and Exhibits' as of September 3, 2024.
When was this 8-K filed with the SEC?
This 8-K was filed with the SEC on September 5, 2024.
What is the Commission File Number for Starwood Property Trust, Inc.?
The Commission File Number for Starwood Property Trust, Inc. is 001-34436.
What is the principal executive office address for Starwood Property Trust, Inc.?
The principal executive office address is 591 West Putnam Avenue, Greenwich, CT 06830.
Does this filing report any specific material events or transactions?
Based on the provided text, this filing primarily concerns financial statements and exhibits, and does not detail specific material events or transactions.
Filing Stats: 537 words · 2 min read · ~2 pages · Grade level 10.2 · Accepted 2024-09-05 16:30:32
Key Financial Figures
- $0.01 — ge on which registered Common stock, $0.01 par value per share STWD New York Sto
- $340.5 million — eeds from the offering of approximately $340.5 million (or approximately $391.7 million if the
- $391.7 million — mately $340.5 million (or approximately $391.7 million if the Underwriters' option to purchase
Filing Documents
- tm2423250d2_8k.htm (8-K) — 25KB
- tm2423250d2_ex1-1.htm (EX-1.1) — 228KB
- tm2423250d2_ex5-1.htm (EX-5.1) — 23KB
- tm2423250d2_ex5-1img001.jpg (GRAPHIC) — 23KB
- tm2423250d2_ex5-1img002.jpg (GRAPHIC) — 5KB
- tm2423250d2_ex5-1img003.jpg (GRAPHIC) — 14KB
- tm2423250d2_ex5-1img005.jpg (GRAPHIC) — 15KB
- 0001104659-24-097406.txt ( ) — 577KB
- stwd-20240903.xsd (EX-101.SCH) — 3KB
- stwd-20240903_lab.xml (EX-101.LAB) — 33KB
- stwd-20240903_pre.xml (EX-101.PRE) — 22KB
- tm2423250d2_8k_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events. On September 3, 2024, Starwood Property Trust, Inc. (the "Company") and its external manager, SPT Management, LLC (the "Manager"), entered into an Underwriting Agreement (the "Underwriting Agreement") with Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC (the "Underwriters") relating to the issuance and sale of 17,500,000 shares of the Company's common stock, par value $0.01 per share (the "Common Stock"). Pursuant to the Underwriting Agreement, the Company granted the Underwriters a 30-day option to purchase up to an additional 2,625,000 shares of Common Stock. The Company expects to receive net proceeds from the offering of approximately $340.5 million (or approximately $391.7 million if the Underwriters' option to purchase additional shares is exercised in full) after deducting its estimated expenses. The offering closed on September 5, 2024.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 1.1 Underwriting Agreement, dated September 3, 2024, among the Company, the Manager and the Underwriters 5.1 Opinion of Womble Bond Dickinson (US) LLP regarding the legality of the shares 23.1 Consent of Womble Bond Dickinson (US) LLP (included in Exhibit 5.1) 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. Dated: September 5, 2024 STARWOOD PROPERTY TRUST, INC. By: /s/ Jeffrey F. DiModica Name: Jeffrey F. DiModica Title: President