# Fentress Andrew — merger [announced]
Source: SEC API (secapi.ai) · situation sit_b12c12921b68634cd85d · retrieved 2026-08-12T07:21:46.131Z

## Overview
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 ACRES Capital, LLC (the external manager). The Merger was completed on August 6, 2026, with ACC merging into Merger Sub, which became a wholly-owned subsidiary of ACRES Commercial Realty Corp. Each outstanding share of ACC common stock was converted into 2.61882 shares of ACRES Commercial Realty Corp. common stock. As a result of the reporting persons' (Andrew Fentress, ESD Capital LLC, Priority One Productions LLC, and Wendy Fentress) ownership of the Manager and allocations of shares, an aggregate of 1,880,666 shares of ACRES Commercial Realty Corp. common stock were issued to the Reporting Persons in connection with the Merger.

## Terms
- Counterparty: ACRES Capital Corp and ACRES Capital, LLC · Consideration: stock · Price/share: $2.61882

## Key dates
- Announced 2026-08-07

## Timeline
- 2026-08-07 · SCHEDULE 13D (0001213900-26-086671): SCHEDULE 13D - Fentress Andrew — 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 ACRES Capital, LLC (the external manager). The Merger was completed on August 6, 2026, with ACC merging into Merger Sub, which became a wholly-owned subsidiary of ACRES Commercial Realty Corp. Each outstanding share of ACC common stock was converted into 2.61882 shares of ACRES Commercial Realty Corp. common stock. As a result of the reporting persons' (Andrew Fentress, ESD Capital LLC, Priority One Productions LLC, and Wendy Fentress) ownership of the Manager and allocations of shares, an aggregate of 1,880,666 shares of ACRES Commercial Realty Corp. common stock were issued to the Reporting Persons in connection with the Merger.
  https://www.sec.gov/Archives/edgar/data/1510196/0001213900-26-086671.txt

## Citations
- 0001213900-26-086671 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026086671