Sunrise Realty Trust Stockholders Approve Issuance Of ~8.46M Shares In Connection With Its Merger With Southern Realty Trust
Sunrise Realty Trust, Inc. (NASDAQ:SUNS) ("SUNS" or the "Company"), a lender on the Tannenbaum Capital Group ("TCG") Real Estate platform, today announced that its stockholders approved the
Sunrise Realty Trust got permission to make more shares for a merger. When companies merge, existing owners' shares get spread thinner, so watch how the combined company performs.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.