AZTR receives NYSE delisting warning over equity requirement
Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC, both identified as ten percent owners of ACRES Commercial Realty Corp (NASDAQ:ACR), reported selling a combined 2,278 shares of the company’s 7.875% Series D Preferred Stock between September 4 and September 8, 2025. The sales, conducted in three separate transactions, generated approximately $71,431 with prices ranging from $22.35 to $22.43 per share. According to InvestingPro data, ACR’s stock has shown significant volatility, with a current market capitalization of $149.12 million and a year-to-date return of over 30%.
On September 4, 910 shares were sold at $22.35. Followed by 90 shares sold on September 5 at $22.40. The final transaction occurred on September 8, with 2,188 shares sold at $22.43.
Following these transactions, the entities still indirectly hold 791,797 shares of ACRES Commercial Realty Corp’s 7.875% Series D Preferred Stock. They also hold 1,177,060 shares of Common Stock, $0.001 par value and 393,646 shares of 8.625% Series C Preferred Stock.
In other recent news, Acres Commercial Realty Corp reported its second-quarter 2025 earnings, which showed a notable miss on earnings per share (EPS) compared to market expectations. The company posted an EPS of -$0.10, significantly below the anticipated $0.18, resulting in a negative surprise of 155.56%. Despite this earnings miss, JMP Securities has maintained its Market Outperform rating for Acres Commercial Realty, with a price target set at $22.00. This target suggests a potential upside of approximately 15% from current levels. According to JMP Securities, the valuation stands at 0.79 times the current book value. These developments are the latest updates concerning Acres Commercial Realty.
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