Company: RITM-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001556593-25-000033
Chunk: 53

Company: Rithm Capital Corp.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 2
Chunk 53
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 refinance our debt on favorable terms, we will need to seek out other sources of liquidity. While it is inherently more difficult to forecast beyond the next 12 months, we currently expect to meet our long-term liquidity requirements through our cash on hand and, if needed, additional borrowings, proceeds received from secured financing agreements and other financings, proceeds from equity offerings and the liquidation or refinancing of our assets.

These short-term and long-term expectations are forward-looking and subject to a number of uncertainties and assumptions, including those described under “—Market Considerations” as well as under “Risk Factors” in this report, in the Q1 25 10-Q and in the 2024 Form 10-K. If our assumptions about our liquidity prove to be incorrect, we could be subject to a shortfall in liquidity in the future, and such a shortfall may occur rapidly and with little or no notice, which could limit our ability to address the shortfall on a timely basis and could have a material adverse effect on our business.

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Stockholders’ Equity

Preferred Stock

Pursuant to our certificate of incorporation, we are authorized to designate and issue up to 100.0 million shares of preferred stock, par value of $0.01 per share, in one or more classes or series. 

The following table summarizes our preferred shares outstanding (dollars in thousands, except share and per share amounts):

Number of SharesLiquidation Preference(A)Carrying Value(C)Dividends Declared per ShareSeptember 30, 2025December 31, 2024September 30, 2025December 31, 2024September 30, 2025December 31, 2024Three Months Ended September 30,Nine Months Ended September 30,Series(B)Issuance Discount2025202420252024Series A, issued July 2019(D)(G)(I)4,200,068 6,200,068 $105,002 $155,002 3.15 %$99,822 $149,822 $0.66 $0.71 $1.96 $1.65 Series B, issued August 2019(D)(G)11,260,712 11,260,712 281,518 281,518 3.15 %272,654 272,654 0.65 0.70 1.93 1.59 Series C, issued February