Company: RITM-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001556593-25-000033
Chunk: 201

Company: Rithm Capital Corp.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 201
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0.44 0.44 1.31 1.31 Series E, 8.75% issued September 2025(F)7,600,000 — 190,000 — 3.15 %183,536 — — — — — Total57,564,122 51,964,122 $1,439,104 $1,299,104 $1,390,790 $1,257,254 $2.35 $2.25 $7.00 $5.75 (A)Each series has a liquidation preference or par value of $25.00 per share.(B)Under certain circumstances upon a change of control, our Series A, Series B, Series C, Series D and Series E are convertible to shares of our common stock.(C)Carrying value reflects par value less discount and issuance costs.(D)Fixed-to-floating rate cumulative redeemable preferred.(E)Fixed-rate reset cumulative redeemable preferred.(F)Fixed-rate cumulative redeemable preferred.(G)Effective August 15, 2024, dividends on the Series A and Series B accumulate at a floating rate. For the third quarter 2025 dividends, the Series A accrued dividends at a percentage of the $25.00 liquidation preference per share of the Series A equal to a three-month Chicago Mercantile Exchange (“CME”) SOFR, plus a spread adjustment of 0.261%, plus a spread of 5.802% and dividends on the Series B accumulated at a percentage of the $25.00 liquidation preference per share of the Series B preferred shares equal to a three-month CME SOFR, plus a spread adjustment of 0.261%, plus a spread of 5.640%.(H)Effective February 15, 2025, dividends on the Series C accumulate at a floating rate. For the third quarter 2025 dividends, the Series C accrued dividends at a percentage of the $25.00 liquidation preference per share of the Series C equal to a three-month CME SOFR, plus a spread adjustment of 0.261%, plus a spread of 4.969%. (I)The Company redeemed 2.0 million shares on the redemption date of March 28, 2025.On September 17, 2025, Rithm Capital’s board of directors declared third quarter 2025 preferred dividends of $0.66