Howard Amster and Associates Acquire 5.3% Stake in Ready Capital Corp

Howard Amster, along with several associated entities and trusts, has filed a Schedule 13D indicating a 5.3% ownership stake in Ready Capital Corp. The filing details that the Reporting Persons collectively own 8,976,200 shares of the company's common stock, acquired for investment purposes. The shares were purchased using personal funds and working capital, with transactions occurring primarily through margin accounts. The Reporting Persons have no present plans to dispose of their shares but may modify their intentions in the future, potentially engaging in additional purchases or sales. The filing also includes a joint agreement among the Reporting Persons to file this statement collectively.