Cantor Fitzgerald Income Trust, Inc. 8-K

What Happened

• Cantor Fitzgerald Income Trust announced on April 2, 2026 (8‑K) that it entered into an underwriting agreement (March 30, 2026) to issue and sell 800,000 shares of a new 9.50% Series A Cumulative Redeemable Preferred Stock at $25.00 per share in an underwritten public offering.
• The offering price is $25.00 per share (liquidation preference $25.00 per share). Gross proceeds to the Company will be $20 million (or $23 million if the underwriters exercise a 30‑day overallotment option in full for an additional 120,000 shares). The offering is expected to close on April 8, 2026, subject to customary conditions.

Key Details

• Security: 9.50% Series A Cumulative Redeemable Preferred Stock, $0.01 par, $25.00 liquidation preference per share; NYSE symbol expected: CFTR‑PRA.
• Shares offered: 800,000 primary shares; 30‑day over‑allotment option of up to 120,000 additional shares.
• Immediate participation: An affiliate of the Company and the representative agreed to purchase 100,000 shares (no underwriting discount).
• Use of proceeds: Company will contribute net proceeds to its Operating Partnership for preferred units; Operating Partnership intends to use funds to acquire target assets, refinance/repay indebtedness (including credit facility amounts), and for general corporate purposes.
• Registration: The offer and sale are registered under the Company’s Form S‑11 (File No. 333‑294576); final prospectus filed April 1, 2026. Underwriting agreement filed as Exhibit 1.1 to the 8‑K.

Why It Matters

• This offering raises capital via preferred stock that pays a fixed 9.50% dividend, providing the Company near‑term funding (gross $20M, $23M if exercised) to pursue acquisitions, reduce debt and support general operations.
• For investors, the preferred shares are a higher‑priority income security (fixed dividend, liquidation preference) and will trade on the NYSE under CFTR‑PRA, which may make them accessible to income‑oriented investors once trading begins. The filing also discloses customary underwriter indemnities and representations tied to the registration statement.