# Sunrise Realty Trust, Inc. (SUNS) — capital_raise/private_placement [pending]
Source: SEC API (secapi.ai) · situation sit_b83f7397614411a5dd23 · retrieved 2026-08-12T07:20:30.350Z

## Overview
Sunrise Realty Trust, Inc. is a Maryland-incorporated real estate investment trust (REIT) that operates as a publicly traded company on the Nasdaq under the ticker symbol SUNS.

Sunrise Realty Trust, Inc. (SUNS) agreed to acquire Southern Realty Trust Inc. (SRT) in an all-stock merger under an Agreement and Plan of Merger dated August 5, 2026. SRT shareholders will receive 1.45 shares of SUNS common stock per SRT share, plus $0.05 per share in cash from SUNS Manager. The merger is expected to close in the fourth quarter of 2026, subject to approval by both companies' stockholders and satisfaction of customary closing conditions. The transaction qualifies as a tax-free reorganization under Section 368(a) of the Internal Revenue Code.

## Terms
- Counterparty: Southern Realty Trust Inc. · Consideration: mixed · Price/share: $1.45

## Key dates
- Announced 2026-08-06 · Expected close 2026-12-31

## Timeline
- 2026-08-06 · 8-K (0001829126-26-008416): 8-K - Sunrise Realty Trust, Inc. — *Sunrise Realty Trust, Inc. is a Maryland-incorporated real estate investment trust (REIT) that operates as a publicly traded company on the Nasdaq under the ticker symbol SUNS.* Sunrise Realty Trust, Inc. (SUNS) agreed to acquire Southern Realty Trust Inc. (SRT) in an all-stock merger under an Agreement and Plan of Merger dated August 5, 2026. SRT shareholders will receive 1.45 shares of SUNS common stock per SRT share, plus $0.05 per share in cash from SUNS Manager. The merger is expected to close in the fourth quarter of 2026, subject to approval by both companies' stockholders and satisfaction of customary closing conditions. The transaction qualifies as a tax-free reorganization under Section 368(a) of the Internal Revenue Code.
  https://www.sec.gov/Archives/edgar/data/2012706/0001829126-26-008416.txt

## Citations
- 0001829126-26-008416 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000182912626008416