IPO - Claros Mortgage Trust, Inc.
Form Type: 424B4
Filing Date: 2025-05-28
Corporate Action: Ipo
Type: New
Accession Number: 000119312525129567
Filing Summary: Claros Mortgage Trust, Inc. is initiating an initial public offering (IPO) by offering up to $250,000,000 of various securities, including common stock, preferred stock, debt securities, depositary shares, warrants, purchase contracts, and units. Of these, the selling securityholders may offer up to 16,058,983 shares of common stock. The proceeds from the sale of securities will primarily be allocated to various corporate purposes, although the company will not receive proceeds from the selling securityholders' common stock offerings. The prospectus outlines the securities offered, the potential risks involved in investing in these securities, and the company's intent to use the funds generated from the listed offerings while emphasizing the need for careful consideration of the investment risks and factors influencing future performance. The document notes that the common stock is listed on the New York Stock Exchange under the symbol 'CMTG'.
Additional details:
Common Stock Offering Amount: 16,058,983
Total Securities Offering Amount: 250,000,000
Last Sale Price: 2.35
Prospectus Date: 2025-05-22
Dividend Pause Date: 2024-12-16
Dividend Declared Per Share 2024: 0.60
Capital Stock Authorization: 500,000,000 shares of common stock, 10,000,000 shares of preferred stock
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