xan-8k_20200309.htm
false 0001332551 0001332551 2020-03-09 2020-03-09 0001332551 us-gaap:CommonStockMember 2020-03-09 2020-03-09 0001332551 xan:EightPointSixTwoFivePercentageSeriesCCumulativeRedeemablePreferredStocksMember 2020-03-09 2020-03-09

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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): March 9, 2020

 

Exantas Capital Corp.

(Exact name of registrant as specified in its charter)

 

Maryland

 

1-32733

 

20-2287134

(State or other jurisdiction of

 

(Commission File Number)

 

(IRS Employer Identification No.)

incorporation)

 

 

 

 

 

 

 

 

 

717 Fifth Avenue

 

 

 

 

New York, NY

 

 

 

10022

(Address of principal executive offices)

 

 

 

(Zip Code)

 

 

 

 

 

Registrant’s telephone number, including area code: 212-621-3210

 

 

 

 

 

N/A

(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 (see General Instruction A.2. below):

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 Act:

 

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on which registered

Common Stock, $0.001 par value

 

XAN

 

New York Stock Exchange

8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock

 

XANPrC

 

New York Stock Exchange

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.

 


 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)On March 9, 2020, Walter T. Beach informed the Board of Directors (the “Board”) of Exantas Capital Corp. (the “Company”) of his decision to resign as a member of the Board, effective immediately. Mr. Beach’s decision was based on his determination that he will be unable to devote the necessary time and attention to Board matters, and was not a result of any disagreements with the Company on any matter relating to its operations, policies or practices.

 


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

EXANTAS CAPITAL CORP.

 

 

 

 

 

Date:

March 11, 2020

 

 

 

 

 

 

By:

/s/ Michele R. Weisbaum

 

 

 

 

Michele R. Weisbaum

 

 

 

 

Senior Vice President, Chief

 

 

 

 

Legal Officer and Secretary

 

 

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Document And Entity Information
Mar. 09, 2020
Document Information [Line Items]  
Document Type 8-K
Amendment Flag false
Document Period End Date Mar. 09, 2020
Entity Registrant Name Exantas Capital Corp.
Entity Central Index Key 0001332551
Entity Incorporation, State or Country Code MD
Entity File Number 1-32733
Entity Tax Identification Number 20-2287134
Entity Address, Address Line One 717 Fifth Avenue
Entity Address, City or Town New York
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10022
City Area Code 212
Local Phone Number 621-3210
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Common Stock  
Document Information [Line Items]  
Title of 12(b) Security Common Stock, $0.001 par value
Trading Symbol XAN
Security Exchange Name NYSE
8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock  
Document Information [Line Items]  
Title of 12(b) Security 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock
Trading Symbol XANPrC
Security Exchange Name NYSE