Cantor Fitzgerald Income Trust, Inc. 8-K

What Happened

• Cantor Fitzgerald Income Trust filed an 8-K reporting the issuance and sale of a new class of 9.50% Series A Cumulative Redeemable Preferred Stock (par value $0.01). The company filed Articles Supplementary with the Maryland State Department of Assessments and Taxation on April 6, 2026, and entered into a First Amendment to the Second Amended and Restated Limited Partnership Agreement on April 8, 2026 to create corresponding Series A Preferred Units in its operating partnership.

Key Details

• 920,000 shares of authorized but unissued preferred stock were designated as "9.50% Series A Cumulative Redeemable Preferred Stock."
• Dividend rate: 9.50% (cumulative). Par value: $0.01 per share.
• Articles Supplementary became effective upon filing with MSDAT on April 6, 2026.
• Amendment No. 1 (dated April 8, 2026) establishes “Series A Preferred Units” in Cantor Fitzgerald Income Trust Operating Partnership, L.P. to mirror the Series A Preferred Stock.

Why It Matters

• The Series A Preferred Stock ranks senior to the company’s common stock for dividends and on liquidation, so preferred holders have priority over common shareholders for those payments.
• If cumulative dividends on the Series A shares are not declared and paid (or a sum set aside), the company faces restrictions on declaring dividends on, or redeeming/purchasing, capital stock that is junior or pari passu—this can limit actions that affect common shareholders.
• Investors should note this change alters the company’s capital structure by adding a senior dividend obligation and a corresponding ownership unit in the operating partnership; copies of the Articles Supplementary and the partnership amendment were filed as exhibits to the 8-K.