Company: RITM-PC
Filing Date: 2025-09-25
Form Type: 8-K
Source: 0001140361-25-036142
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Company: Rithm Capital Corp.
Filing Date: 2025-09-25
Form: 8-K
Item: Item 3.03
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Item 3.03.      Material Modifications to Rights of Security Holders.  

On September 25, 2025, the Company filed a Certificate of Designations (the “ Certificate of Designations”) with the Secretary of State of the State of Delaware to
designate 8,740,000 shares of the Company’s authorized preferred stock as the 8.750% Series E Fixed-Rate Cumulative Redeemable Preferred Stock, par value $0.01 per share, with a liquidation preference of $25.00 per share (“ Series E Preferred
Stock”), with the powers, designations, preferences and other rights as set forth therein. The Certificate of Designations became effective upon filing on September 25, 2025.

The Certificate of Designations provides that the Company will pay, when, as and if declared by the Company’s board of directors, out of funds legally available for
the payment of dividends, quarterly cumulative cash dividends on the Series E Preferred Stock, in arrears, on or about the 15th day of each February, May, August and November (provided that if any dividend payment date is not a business day, then
the dividend which would otherwise have been payable on that dividend payment date may be paid on the next succeeding business day) from, and including, September 25, 2025, at a fixed rate of 8.750% per annum.

The Series E Preferred Stock ranks senior to the Company’s common stock, with respect to the payment of dividends and rights upon the voluntary or involuntary
liquidation, dissolution or winding up of the Company.

The Series E Preferred Stock will not be redeemable before November 15, 2030, except under certain limited circumstances intended to preserve the Company’s
qualification as a real estate investment trust (“ REIT”) for U. S. federal income tax purposes and except upon the occurrence of a Change of Control (as defined in the Certificate of Designations). On or after November 15, 2030, the Company may, at
its option, upon not less than 30 nor more than 60 days’ written notice, redeem the Series E Preferred Stock, in whole or in part, at any time or from time to time, for cash at a redemption price of $25.00 per share, plus any accumulated and unpaid
dividends thereon (whether or not authorized or declared) to, but excluding, the redemption date, without interest.

Upon the occurrence of a Change of Control, the