Harbor Custom Development Inc. 8.0% Series A Cumulative Convertible Preferred Stock

Each Series A Preferred Share, together with accrued but unpaid dividends, is convertible into Common Stock at any time at the option of the holder at a Conversion Price of $4.50 per share, which initially equals 5.556 shares of Common Stock for each Series A Preferred Share as converted, subject to adjustment for: (i) the payment of stock dividends or other distributions payable in shares of Common Stock on any other class or series of our capital stock; (ii) the issuance to all holders of our Common Stock of certain rights or warrants entitling them to subscribe for or purchase our Common Stock at a price per share less than the market price per share of our Common Stock; and (iii) subdivisions, combinations, and reclassifications of our Common Stock. Holders of Series A Preferred Shares will also be entitled to participate in Extraordinary Dividends (as defined in the Certificate of Designation) or other distributions to all holders of our Common Stock of any shares of stock (excluding Common Stock) or evidence of indebtedness or assets (including securities, but excluding those dividends, rights, warrants, and distributions referred to in clause (i), (ii) or (iii) above and dividends and distributions paid in cash, but not excluding Extraordinary Dividends paid in cash) to the extent each holder would have been entitled if the holder had held the number of Common Stock acquirable upon complete conversion of the holder’s Series A Preferred Shares immediately before the date on which a record is taken for such Extraordinary Dividend or other distribution. This prospectus also relates to the offering of the Common Stock issuable upon exercise of the Series A Preferred Shares.

At our option, we may cause the Series A Preferred Shares, plus accrued and unpaid dividends, to be automatically converted, in whole or in part, on a pro rata basis into Common Stock at the Conversion Price if the trading price of our Common Stock equals or exceeds 170% of the Conversion Price for at least 20 trading days in any 30 consecutive trading day period ending five days prior to the date of notice of conversion (such event, the “Market Trigger”).




Synchronoss Technologies Inc 8.375% Senior Notes Due 2026

On and after 6/30/2022 optional redemption is at $25.75 until 6/29/23. On and after 6/30/2023 until 6/29/2024 redemption is at $25.50. On and after 6/30/2024 until 6/29/2025 redemption is at $25.25. Redemption on or after 6/30/2025 redemption is at $25.00




Mind Technology Inc 9.00% Series A Cumulative Preferred Stock




Vornado Realty Trust 4.45% Series O Cumulative Redeemable Preferred Stock




Agree Realty Corporation 4.25% Series A Cumulative Redeemable Preferred Stock






Summit Hotel Properties 5.875% Series F Cumulative Redeemable Preferred Stock





Arbor Realty Trust Inc. 6.25% Series E Cumulative Redeemable Preferred Stock




Applied UV Inc 10.5% Series A Cumulative Perpetual Preferred Stock

On and after July 16, 2022, the first anniversary of July 16, 2021, to but excluding the second anniversary, the shares of Series A Preferred Stock will be redeemable at the Issuer’s option, in whole or in part, at a redemption price equal to $30.00 per share, plus any accrued and unpaid dividends. On and after July 16, 2023, the second anniversary of July 16, 2021, to but excluding the third anniversary, the shares of Series A Preferred Stock will be redeemable at the Issuer’s option, in whole or in part, at a redemption price equal to $28.00 per share, plus any accrued and unpaid dividends. On and after July 16, 2024, the third anniversary of July 16, 2021, to but excluding the fourth anniversary, the shares of Series A Preferred Stock will be redeemable at the Issuer’s option, in whole or in part, at a redemption price equal to $27.00 per share, plus any accrued and unpaid dividends. On and after July 16, 2025, the fourth anniversary of July 16, 2021, to but excluding the fifth anniversary, the shares of Series A Preferred Stock will be redeemable at the Issuer’s option, in whole or in part, at a redemption price equal to $26.25, plus any accrued and unpaid dividends. On and after July 16, 2026, the fifth anniversary of July 16, 2021, the shares of Series A Preferred Stock will be redeemable at the Issuer’s option, in whole or in part, at a redemption price equal to $25.00 per share, plus any accrued and unpaid dividends.




Triton International Limited 5.75% Series E Cumulative Redeemable Perpetual Preferred Stock

We have listed this issue as NON-qualified for preferential tax treatment. The prospectus is not clear on this matter and it is possible it will be qualified.




Public Storage 3.950% Cumulative Preferred Shares, Series Q






Prospect Capital Corporation 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock




Silvergate Capital Corporation 5.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A





Stifel Financial Corp 4.50% Non-Cumulative Preferred Stock, Series D





Sunstone Hotel Investors 5.70% Series I Cumulative Redeemable Preferred Stock





Pebblebrook Hotel Trust 5.70% Series H Cumulative Redeemable Preferred Shares




Sachem Capital Corporation 7.75% Series A Cumulative Redeemable Preferred Stock






RenaissanceRE Holdings LTD 4.20% Series G Preference Stock






Capital One Financial 4.25% Non-Cumulative Perpetual Preferred Stock, Series N

Redeemable only on a dividend payment date