AI brief of an SEC Form 8-K · Alpine Income Property Trust, Inc. (PINE)

Alpine Income sets up $150 million common stock sales program and $35 million preferred

Neutral Impact 3 of 5 financing Written later

Alpine Income Property Trust filed agreements for at-the-market programs allowing it to sell up to $150 million of common stock and up to $35 million of Series A Preferred Stock, with sales made from time to time at prevailing market prices. The company also terminated its prior $35 million preferred program, under which about $22.7 million remained unsold, and its manager agreed to waive part of the base fee on equity raised from the preferred offering.

Key points

  • Common stock program: up to $150 million gross sales price, with sales agents including Raymond James, Baird, Stifel and UBS, and optional forward sale agreements.
  • Preferred program: up to $35 million of Series A Preferred Stock, replacing the December 2025 program, which had about $22.7 million unsold when terminated.
  • Sales agents receive commissions of up to 2.0% of gross sales price for shares they sell.
  • Manager waived part of the base fee on the added equity, so the rate on that portion is 0.75% per year instead of 1.50%; 189,747 more Series A Preferred shares were authorized, bringing the total to 3,948,081.

The filing

CompanyAlpine Income Property Trust, Inc. (PINE)
Form8-K, current report
Filed with the SECOct 23, 2026, 5:05 PM ET
Accession number0001104659-26-118514

Items reported: 1.01 Material Definitive Agreement5.03 Bylaw / Charter Amendment8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.