RC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Ready Capital Corporation Is Fair to Shareholders

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Feb 27, 2023

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Ready Capital Corporation (NYSE: RC) and Broadmark Realty Capital Inc. is fair to Ready Capital shareholders. Under the terms of the merger agreement, each share of Broadmark common stock will be converted into 0.47233 shares of Ready Capital common stock. Upon closing of the merger, Ready Capital stockholders are expected to own approximately 64% of the combined company’s stock.