AG Mortgage (MITT) Prices 5M Offering at 3.6% Discount

January 19, 2012 9:20 AM EST
AG Mortgage Investment Trust, Inc. (NYSE: MITT) has priced an underwritten public offering of 5,000,000 shares of common stock at a public offering price of $19.00 per share.

The price is a 3.6 percent discount to yesterday's closing of 3.7 percent.

The Company has granted the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock at the public offering price to cover overallotments. The offering is expected to close on January 24, 2012 and is subject to customary closing conditions.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Equity Offerings

Add Your Comment