Offerings // Ares Commercial Real Estate Corp

ACRE offering history

Every offering-related filing in Ares Commercial Real Estate Corp’s recent SEC record — registrations (announced capacity) kept separate from pricing documents (executed sales). Reviewed 653 filings back to Sep 14, 2011.

Last executed offering

May 19, 2022

424B5 — priced deal (shares or notes)

Last registration (announced)

Jul 22, 2022

S-3/A — capacity, not a sale

Executed, last 12 months

424B pricings + 8-K 3.02 sales

Registered, last 12 months

S-1/S-3/F-series registrations

Date	Filing		What it means
Jul 26, 2022	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Jul 22, 2022	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
Jun 30, 2022	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
May 19, 2022	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
May 17, 2022	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 21, 2021	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 17, 2021	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Mar 17, 2021	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Mar 15, 2021	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jan 24, 2020	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jan 22, 2020	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Nov 22, 2019	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Aug 2, 2019	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
Aug 2, 2019	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Jul 19, 2019	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Aug 29, 2016	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Aug 25, 2016	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
Jun 6, 2016	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Aug 30, 2013	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Jun 24, 2013	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 21, 2013	FWP →	MARKETING	Free-writing prospectus — offering being marketed
Jun 17, 2013	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 17, 2013	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Jun 14, 2013	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
May 15, 2013	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
May 9, 2013	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Dec 19, 2012	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Dec 14, 2012	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Apr 27, 2012	424B1 →	EXECUTED	Prospectus supplement priced — shares or notes (large filers: often a bond deal)
Apr 26, 2012	FWP →	MARKETING	Free-writing prospectus — offering being marketed
Apr 25, 2012	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Apr 20, 2012	S-11/A →	REGISTERED	S-11/A registration — capacity to sell shares, not a sale yet
Apr 17, 2012	S-11/A →	REGISTERED	S-11/A registration — capacity to sell shares, not a sale yet
Apr 12, 2012	S-11/A →	REGISTERED	S-11/A registration — capacity to sell shares, not a sale yet
Mar 21, 2012	S-11/A →	REGISTERED	S-11/A registration — capacity to sell shares, not a sale yet
Dec 29, 2011	S-11/A →	REGISTERED	S-11/A registration — capacity to sell shares, not a sale yet
Sep 14, 2011	S-11 →	REGISTERED	S-11 registration — capacity to sell shares, not a sale yet

ACRE offering-related filings from SEC EDGAR, newest first (capped at 40). Each links to the original document.

Two honest limits. (1) A 424B takedown can price shares or notes— EDGAR’s metadata doesn’t say which, so open the document: large investment-grade filers use these mostly for bond deals (no dilution), small-caps mostly for shares. (2) At-the-market (ATM) programs sell shares gradually and individual sales are not separately filed — the visible footprint is the enabling shelf and its 424B5; actual ATM share counts surface later in the 10-Q/10-K share count. Educational information from public filings, not investment advice.

Is a shelf active now? →Do they need money? →Red flags →Full ACRE workspace →

ACRE offering FAQ

When did ACRE last execute an offering?

Per SEC filings, Ares Commercial Real Estate Corp's most recent priced offering document is a 424B5 filed 2022-05-19. Note a 424B takedown can price shares or notes (debt) — the linked document says which.

When did ACRE last announce or register an offering?

The most recent registration is a S-3/A filed 2022-07-22. A registration is capacity to sell shares — not a sale.

Does an offering always mean dilution?

Registered direct offerings and shelf takedowns issue new shares and dilute existing holders. Resale registrations (424B3/B7) let existing holders sell and do not create new shares. Secondary sales by insiders also do not dilute. Each row here is labeled with what it is.