Item 8.01 Other Events

As previously reported on a Form 8-K filed on December 9, 2019, Ready Capital Corporation (the "Company"), Sutherland Partners, L.P. (the "Operating Partnership") and Waterfall Asset Management, LLC ("Waterfall") entered into an underwriting agreement (the "Underwriting Agreement") with Morgan Stanley & Co. LLC, UBS Securities LLC, Wells Fargo Securities, LLC and Keefe, Bruyette & Woods, Inc. (the "Underwriters"), in connection with the offer and sale by the Company to the Underwriters of 6,000,000 shares of its common stock, par value $0.0001 per share, at a price of $15.30 per share. On January 2, 2020, the Underwriters fully exercised their option to purchase an additional 900,000 shares of the Company's common stock in accordance with the terms of the Underwriting Agreement, and the issuance of such shares was completed on January 7, 2020.

Item 9.01. Financial Statements and Exhibits






(d) Exhibits:



Exhibit
Number     Description
  5.1        Opinion of Clifford Chance US LLP (including consent of such firm)
  23.1       Consent of Clifford Chance US LLP (included in Exhibit 5.1)
  99.1       Press Release, dated January 7, 2020




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