# EDGAR Filing Document

**Accession Number:** 0001784797
**File Stem:** 0001104659-23-001691
**Filing Date:** 2023-1
**Character Count:** 8155
**Document Hash:** 33a1b3a5cd9eb408e5bccc2b05815589
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-001691.hdr.sgml**: 20230106

**ACCESSION NUMBER**: 0001104659-23-001691

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20230105

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230106

**DATE AS OF CHANGE**: 20230106

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Broadmark Realty Capital Inc.
- **CENTRAL INDEX KEY:** 0001784797
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **IRS NUMBER:** 842620891
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39134
- **FILM NUMBER:** 23513740

**BUSINESS ADDRESS:**
- **STREET 1:** 1420 FIFTH AVENUE
- **STREET 2:** SUITE 2000
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98101
- **BUSINESS PHONE:** 206-971-0800

**MAIL ADDRESS:**
- **STREET 1:** 1420 FIFTH AVENUE
- **STREET 2:** SUITE 2000
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Trinity Sub Inc.
- **DATE OF NAME CHANGE:** 20190806

?xml version="1.0" encoding="utf-8"?

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**FORM 8-K**

**CURRENT REPORT** 

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934** 

**Date of Report (Date of Earliest Event Reported):** **January 5, 2023** 

**BROADMARK REALTY CAPITAL INC.**

**(Exact name of registrant as specified in its charter)**

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| | | |
|:---|:---|:---|
| **Maryland** | **001-39134** | **84-2620891** |
| **(State or other jurisdiction <br> of incorporation)** | **(Commission File Number)** | **(IRS Employer Identification No.)** |
| **1420 Fifth Avenue, Suite 2000 <br> Seattle, Washington** |  | **98101** |
| **(Address of Principal Executive Offices)** |  | **(Zip Code)** |

---

**Registrant's Telephone Number, Including Area Code: (206) 971-0800**

**(Former Name or Former Address, if Changed Since Last Report)**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

◻ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

◻ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

◻ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

◻ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Exchange Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, $0.001 par value | BRMK | New York Stock Exchange |
| Warrants, each exercisable for one fourth (1/4th) share of Common Stock at an exercise price of $2.875 per one fourth (1/4th) share | BRMK WS | NYSE American LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

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| | |
|:---|:---|
| **Item 8.01** | **Other Events.** |

---

On January 5, 2023, Broadmark Realty Capital Inc. (the "Company") received a notification letter from NYSE Regulation that NYSE Regulation determined to commence proceedings to delist the Company's warrants (ticker symbol BRMK WS), each exercisable for one fourth (1/4th) share of the Company's common stock at an exercise price of $2.875 per one fourth (1/4th) share (the "Warrants"), from the NYSE American exchange, and that the trading in the Warrants on the NYSE American exchange has been suspended, as NYSE Regulation determined the Warrants' trading price to be no longer suitable for listing pursuant to Section 1001 of the NYSE American Company Guide due to the Warrants' low trading price. The notification letter from the NYSE confirms that the Company's common stock (ticker symbol BRMK) will continue to be listed and traded on the New York Stock Exchange.

The Company notes that the NYSE American exchange issued a press release on January 5, 2023 relating to the above. That press release contained a single, mistaken reference to delisting the Company's common stock, rather than the Warrants. The Company conferred with NYSE Regulation, who confirmed that such reference to the Company's common stock was a ministerial error and should have referred to the Warrants, as set forth in all other references in such press release.

On January 6, 2023, the Company issued a press release announcing receipt of the letter from NYSE Regulation regarding the delisting and suspension of trading in the Warrants. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated by reference herein.

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| | |
|:---|:---|
| **Item 9.01.** | **Financial Statements and Exhibits.** |

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(d) &nbsp;&nbsp;&nbsp;&nbsp; Exhibits.

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| [99.1](tm232352d1_ex99-1.htm) | [Press Release, dated January 6, 2023.](tm232352d1_ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

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**Signatures**

Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | BROADMARK REALTY CAPITAL INC. | BROADMARK REALTY CAPITAL INC. |
| Date: January 6, 2023 | By: | /s/ Nevin Boparai |
|  | Name: | Nevin Boparai |
|  | Title: | Executive Vice President and Chief Legal Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![](image_001.jpg)

**BROADMARK REALTY CAPITAL ANNOUNCES RECEIPT OF LETTER FROM NYSE REGULATION REGARDING LOW SELLING PRICE OF ITS WARRANTS** 

**Seattle, WA – January 6, 2023 – Broadmark Realty Capital Inc. (NYSE: BRMK)** (the "Company"), an internally managed secured real estate finance company, today announced that on January 5, 2023 it had received a letter from NYSE Regulation indicating that NYSE Regulation has determined to commence proceedings to delist the Company's warrants from the NYSE American exchange and that trading in the warrants has been suspended. Specifically, the letter stated that the warrants are no longer suitable for listing based on low selling price levels, pursuant to Section 1001 of the NYSE American Company Guide. The notification letter confirms that the Company's common stock (ticker symbol BRMK) will continue to be traded on the New York Stock Exchange.

**About Broadmark Realty Capital**

Broadmark Realty Capital Inc. (NYSE: BRMK) is a specialty real estate finance company, providing financing solutions generally in the $5 to $75 million range per transaction. The company provides smart, reliable, rapid solutions across the entire debt capital stack, including senior, subordinate, and participation investments with fixed and floating rate structures available. Broadmark invests in a variety of new construction and existing properties across all asset classes throughout the United States, including hotel, industrial, medical, mixed-use, office, retail, self-storage, warehouse, multifamily, senior living, student housing, condos, larger scaled single-family, townhome, and multiplex. It has the competitive advantage of being an internally managed balance sheet lender, and the company's proactive approach delivers dedicated in-house underwriting, asset management, loan servicing, and draw administration.

**Contact:**

**Investor Relations**

InvestorRelations@broadmark.com

206-623-7782