SHAREHOLDER ALERT: Weiss Law Investigates Broadmark Realty Capital Inc.

NEW YORK, Feb. 28, 2023 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Broadmark Realty Capital Inc. ("Broadmark" or the "Company") (NYSE: BRMK) in connection with its proposed merger with Ready Capital Corporation ("Ready Capital") (NYSE:RC).  Under the terms of the merger agreement, each share of Broadmark common stock will be converted into 0.47233 shares of Ready Capital common stock, representing implied per-share consideration of $5.27 based on Ready Capital's February 27, 2023 closing price of $11.16.  Upon completion of the transaction, Ready Capital's shareholders will own 64% of the combined company, while Broadmark shareholders will only own 36% of the combined company. 

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