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Franklin Bsp Realty Trust, Inc. Announces Conversion Of Series F Convertible Preferred Stock To Common Stock

PUBLIC · FBRTApr 20, 2022

Round Type

Series F

New YorkFinancial ServicesReal EstateTravel And Tourism

Description

Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that all of the outstanding shares of the Company’s Series F Convertible Preferred Stock converted on a one-for-one basis into an equal amount of shares of the Company’s common stock on April 19, 2022. Following such conversion, there were 83,690,662 shares of the Company’s common stock outstanding. All shares of common stock issued upon conversion are freely tradeable by the holders on the New York Stock Exchange

Who else raised in Financial Services and Real Estate around the same time

Companies in the same sectors as Franklin BSP Realty Trust that raised within 45 days of this round, from Fundz verified event records.

  • Tongo raised $10M on May 31, 2022.
  • Jetty raised an undisclosed amount on May 25, 2022.
  • Waterton raised an undisclosed amount on May 20, 2022.
  • Talonvest Capital raised $110M (Debt Financing) on May 19, 2022.
  • Walker & Dunlop raised $47M (Funding Round) on May 12, 2022.
  • Third Wave Coffee raised an undisclosed amount (Funding Round) on May 9, 2022.

Who to call at Franklin BSP Realty Trust, and when

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Company Information

Company

Franklin BSP Realty Trust

Location

New York, United States

About

Franklin BSP Realty Trust, Inc. (NYSE: FBRT) is a real estate investment trust that originates, acquires and manages a diversified portfolio of commercial real estate debt secured by properties located in the United States. As of December 31, 2021, FBRT had over $9 billion of assets. FBRT is externally managed by Benefit Street Partners L.L.C., a wholly owned subsidiary of Franklin Templeton. For further information, please visit www.fbrtreit.com.

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Franklin BSP Realty Trust raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.