Claros Mortgage Trust, Inc. (CMTG) has disclosed a new risk, in the Share Price & Shareholder Rights category.
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Claros Mortgage Trust, Inc. faces potential dilution risk from outstanding warrants covering up to 7,542,227 shares at an exercise price of $4.00 per share, subject to customary adjustments. If fully exercised, these warrants would increase the common share count and dilute both the economic interests and voting power of existing stockholders.
The average CMTG stock price target is $3.00, implying 15.38% upside potential.
To learn more about Claros Mortgage Trust, Inc.’s risk factors, click here.