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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON , D.C. 20549 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number : 001-35808 FORM 10 - K READY CAPITAL CORPORATION READY CAPITAL . ( Exact name of registrant as specified in its charter ) Maryland ( State or other jurisdiction of incorporation or organization ) Common Stock , $ 0.0001 par value per share 7.00 % Convertible Senior Notes due 2023 6.50 % Senior Notes due 2021 6.20 % Senior Notes due 2026 5.75 % Senior Notes due 2026 th 1251 Avenue of the Americas , 50 Floor , New York , NY 10020 ( Address of Principal Executive Offices , Including Zip Code ) Securities registered pursuant to Section 12 ( b ) of the Act : Title of each class ( 212 ) 257-4600 ( Registrant's telephone number , including area code ) Trading Symbol ( s ) RC RCA RCP RCB RCC ( I.R.S. Employer Identification No. ) 90-0729143 Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Exchange Act . Yes No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Non - accelerated filer Name of each exchange on which registered New York Stock Exchange New York Stock Exchange New York Stock Exchange New York Stock Exchange New York Stock Exchange Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer Accelerated filer 0 Smaller reporting company Emerging growth company If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Yes > No Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No As of June 30 , 2020 , the aggregate market value of the registrant's common stock held by non - affiliates of the registrant was $ 359.0 million based on the closing sales price of the registrant's common stock on June 30 , 2020 as reported on the New York Stock Exchange . Indicate the number of shares outstanding of each of the registrant's classes of common stock , as of the latest practicable date : The registrant has 54,434,578 shares of common stock , par value $ 0.0001 per share , outstanding as of March 15 , 2021 . DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant's proxy statement for the 2021 annual meeting of stockholders are incorporated by reference into Part III of this annual report on Form 10 - K .