09:52 AM EST, 01/13/2026 (MT Newswires) -- Rithm Capital ( RITM ) said Tuesday that it has launched an underwritten public offering of series F fixed-rate reset cumulative redeemable preferred stock based on market conditions.

The company said it intends to list the preferred stock on the New York Stock Exchange under the symbol RITM PR F, and that terms of the offering will be based on negotiations between Rithm Capital ( RITM ) and the underwriters.

The underwriters will be granted a 30-day option to buy up to 15% of the shares to cover any over-allotments. Net proceeds of the offering will be used for investments and general corporate purposes, the company added.

Shares of Rithm Capital ( RITM ) were down 1.2% in early trading.

Price: 11.27, Change: -0.14, Percent Change: -1.18