8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):

December 30, 2021

GREAT AJAX CORP.

(Exact name of registrant as specified in charter)

13190 SW 68th Parkway Suite 110

Tigard, OR   97223

(Address of principal executive offices)

Registrant’s

telephone number, including area code:

503- 505-5670

Securities registered pursuant to Section 12(b) of the Act:

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

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. ¨

On December 30, 2021, Great Ajax Corp., a Maryland corporation (the “Company”), issued a press release (the “Press Release”) announcing that the Board of Directors of the Company declared a special cash dividend of $0.10 per share of the Company’s common stock, which will be payable January 25, 2022 to common stockholders of record as of January 10, 2022. A copy of the Press Release is attached hereto as Exhibit 99.1 and is available on the Company’s website.

The information provided in Item 8.01 of this report, including Exhibit 99.1, shall be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

EXHIBIT INDEX

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Dated: December 30, 2021

Exhibit 99.1

GREAT AJAX CORP. ANNOUNCES SPECIAL DIVIDEND

NEW YORK, NY – December 30, 2021 – Great Ajax Corp. (NYSE: AJX) (the “Company”) today announced that the Board of Directors of the Company declared a special cash dividend related to 2021 taxable income of $0.10 per share of the Company’s common stock, which will be payable on January 25, 2022 to common stockholders of record as of January 10, 2022.

About Great Ajax Corp.

Great Ajax Corp. is a Maryland corporation that is a real estate investment trust that focuses primarily on acquiring, investing in and managing re-performing loans secured by single-family residences and commercial properties and, to a lesser extent, non-performing loans. We also originate and acquire loans secured by multi-family residential and smaller commercial mixed-use retail/residential properties and acquire multi-family retail/residential and mixed use and commercial properties. We are externally managed by Thetis Asset Management LLC. Our mortgage loans and other real estate assets are serviced by Gregory Funding LLC, an affiliated entity. We have elected to be taxed as a real estate investment trust under the Internal Revenue Code.

Forward-Looking Statements

This press release contains certain forward-looking statements. Words such as “believes,” “intends,” “expects,” “projects,” “anticipates,” and “future” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions, many of which are beyond the control of Great Ajax, including, without limitation, risks relating to the impact of the COVID-19 outbreak and the risk factors and other matters set forth in our Annual Report on Form 10-K for the period ended December 31, 2020 filed with the Securities and Exchange Commission (the “SEC”) on March 5, 2021 and, when filed with the SEC, our Annual Report on Form 10-K for the period ended December 31, 2021. The COVID-19 outbreak has caused significant volatility and disruption in the financial markets both globally and in the United States. If the COVID-19 outbreak continues to spread or the response to contain it is unsuccessful, Great Ajax could experience material adverse effects on its business, financial condition, liquidity and results of operations. Great Ajax undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.