Rithm Capital agrees to sell 10 million Series F preferred shares via underwriters
Rithm Capital Corp. entered into an underwriting agreement on January 13, 2026, with Morgan Stanley & Co. LLC, as representative of the underwriters, to sell 10,000,000 shares of its 8.750% Series F Fixed-Rate Reset Cumulative Redeemable Preferred Stock. The offering is expected to close on January 21, 2026, and the company plans to use the net proceeds for investments and general corporate purposes. For shareholders, the filing adds a new preferred stock class to the company's capital structure, and the underwriters also hold a 30-day option to buy up to 1,500,000 additional shares.
Key points
- 10,000,000 Series F preferred shares offered, each with a $25.00 liquidation preference
- Underwriters have a 30-day option to purchase up to 1,500,000 additional shares
- Offering expected to close on January 21, 2026
- Net proceeds intended for investments and general corporate purposes
The filing
Written by AI on Nov 8, 2026, 1:05 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 January 14, 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.