# Reasoner Martin E. — merger [announced]
Source: SEC API (secapi.ai) · situation sit_983cc91555c2fe78902e · retrieved 2026-08-12T07:00:23.274Z

## Overview
ACRES Commercial Realty Corp. is a real estate investment trust (REIT) that invests in commercial real estate properties.

On April 29, 2026, ACRES Commercial Realty Corp. and its subsidiary ACRES Holdings Sub LLC entered into an Agreement and Plan of Merger with ACRES Capital Corp (ACC) and its subsidiary ACRES Capital, LLC (the external manager of ACRES Commercial Realty). The Merger was completed on August 6, 2026, with ACC merging into Merger Sub, which became a wholly-owned subsidiary of ACRES Commercial Realty. At the effective time, each outstanding share of ACC common stock was converted into 2.61882 shares of ACRES Commercial Realty common stock. As a result of his ownership of the Manager, Martin Reasoner received an aggregate of 1,517,095 shares of ACRES Commercial Realty common stock in connection with the Merger, resulting in beneficial ownership of 1,535,506 shares representing 11.41% of the company.

## Terms
- Counterparty: ACRES Capital Corp · Consideration: stock · Stake: 11.41% · Price/share: $2.61882

## Key dates
- Announced 2026-08-07

## Timeline
- 2026-08-07 · SCHEDULE 13D (0001213900-26-086681): SCHEDULE 13D - Reasoner Martin E. — *ACRES Commercial Realty Corp. is a real estate investment trust (REIT) that invests in commercial real estate properties.* On April 29, 2026, ACRES Commercial Realty Corp. and its subsidiary ACRES Holdings Sub LLC entered into an Agreement and Plan of Merger with ACRES Capital Corp (ACC) and its subsidiary ACRES Capital, LLC (the external manager of ACRES Commercial Realty). The Merger was completed on August 6, 2026, with ACC merging into Merger Sub, which became a wholly-owned subsidiary of ACRES Commercial Realty. At the effective time, each outstanding share of ACC common stock was converted into 2.61882 shares of ACRES Commercial Realty common stock. As a result of his ownership of the Manager, Martin Reasoner received an aggregate of 1,517,095 shares of ACRES Commercial Realty common stock in connection with the Merger, resulting in beneficial ownership of 1,535,506 shares representing 11.41% of the company.
  https://www.sec.gov/Archives/edgar/data/2137325/0001213900-26-086681.txt

## Citations
- 0001213900-26-086681 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026086681