FORM S-8 |
Ares Commercial Real Estate Corporation |
Maryland | 45-3148087 | |||||||||||||
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | |||||||||||||
245 Park Avenue, 42nd Floor New York, NY 10167 | 10167 (Zip Code) | |||||||||||||
(Address of Principal Executive Offices) | ||||||||||||||
Large accelerated filer | ☐ | Accelerated filer | ☒ | |||||||||||||||||
Non-accelerated filer | ☐ | Smaller reporting company | ☐ | |||||||||||||||||
Emerging growth company | ☐ |
Exhibit Number | Description | ||||||||||
4.1** | Articles of Amendment and Restatement of the Registrant (incorporated by reference to Exhibit 3.1 to the Registrant’s Annual Report on Form 10-K for the year ended December 31, 2015 (File No. 001-35517), filed on March 1, 2016). | ||||||||||
4.2** | Second Amended and Restated Bylaws of the Registrant (incorporated by reference to Exhibit 3.2 to the Registrant’s Annual Report on Form 10-K for the year ended December 31, 2022 (File No. 001-35517), filed on February 15, 2023). | ||||||||||
4.3** | Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan (incorporated by reference to Exhibit 10.1 to the Registrant’s Registration Statement on Form S-8 (File No. 333-225891), filed on June 26, 2018). | ||||||||||
4.4** | First Amendment to Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan (incorporated by reference to Exhibit A to the Ares Commercial Real Estate Corporation definitive proxy statement on Schedule 14A for its 2022 Annual Meeting of Stockholders filed on April 7, 2022). | ||||||||||
4.5** | Second Amendment to Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan (incorporated by reference to Exhibit A to the Ares Commercial Real Estate Corporation definitive proxy statement on Schedule 14A for its 2024 Annual Meeting of Stockholders filed on April 4, 2024). | ||||||||||
5.1* | Opinion of Venable LLP. | ||||||||||
23.1* | Consent of Ernst & Young LLP, Independent Registered Public Accounting Firm. | ||||||||||
23.2* | Consent of Venable LLP (included in Exhibit 5.1). | ||||||||||
24.1* | Powers of Attorney (included on signature page hereto). | ||||||||||
107* | Filing Fee Table. |
ARES COMMERCIAL REAL ESTATE CORPORATION | ||||||||
By: | /s/ Bryan Donohoe | |||||||
Name: | Bryan Donohoe | |||||||
Title: | Chief Executive Officer (Principal Executive Officer) |
Name | Title | Date | ||||||||||||
/s/ Bryan Donohoe Bryan Donohoe | Chief Executive Officer and Director (Principal Executive Officer) | June 5, 2024 | ||||||||||||
/s/ Tae-Sik Yoon Tae-Sik Yoon | Chief Financial Officer and Treasurer (Principal Financial and Accounting Officer) | June 5, 2024 | ||||||||||||
/s/ William S. Benjamin William S. Benjamin | Chairman, Director | June 5, 2024 | ||||||||||||
/s/ Rand S. April Rand S. April | Director | June 5, 2024 | ||||||||||||
/s/ Caroline E. Blakely Caroline E. Blakely | Director | June 5, 2024 | ||||||||||||
/s/ William L. Browning William L. Browning | Director | June 5, 2024 | ||||||||||||
/s/ Edmond N. Moriarty, III Edmond N. Moriarty, III | Director | June 5, 2024 | ||||||||||||
/s/ Rebecca J. Parekh Rebecca J. Parekh | Director | June 5, 2024 | ||||||||||||
/s/ James E. Skinner James E. Skinner | Director | June 5, 2024 |
Security Type | Security Class Title | Fee Calculation Rule | Amount Registered(1) | Proposed Maximum Offering Price Per Unit | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | |||||||||||||||||||||||||||||||||||||
Equity | Common Stock, par value $0.01 per share | Rule 457(c) and (h) | 2,525,000(2) | $7.09(3) | $17,902,250 | 0.00014760 | $2,642.37 | |||||||||||||||||||||||||||||||||||||
Total Offering Amounts | $17,902,250 | $2,642.37 | ||||||||||||||||||||||||||||||||||||||||||
Total Fee Offsets | N/A | |||||||||||||||||||||||||||||||||||||||||||
Net Fee Due | $2,642.37 |
(1) | Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of common stock which become issuable under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan (the “Plan”) by reason of any stock dividend, stock split, recapitalization or any other similar transaction effected without the receipt of consideration which results in an increase in the number of shares of outstanding common stock. | ||||
(2) | Represents additional shares of common stock reserved and available for delivery with respect to awards issued under the Plan pursuant to the Second Amendment to the Plan effective May 22, 2024. | ||||
(3) | Estimated pursuant to Rules 457(c) and 457(h) under the Securities Act solely for the purpose of calculating the registration fee. The price of $7.09 per share represents the average of the high and low sales prices of the common stock as reported on the New York Stock Exchange on June 3, 2024, which date is within five business days prior to the filing of this Registration Statement. |
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