AG MIT (MITT) Prices Upsized 6M Offering; Sees Gross Proceeds of $135M
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AG Mortgage Investment Trust, Inc. (NYSE: MITT) announced today that it has priced a public offering of 6,000,000 shares of its common stock for total estimated gross proceeds of approximately $135 million.
The amount is up from the originally announced 5 million offering.
The Company has granted the underwriters a 30-day option to purchase 900,000 additional shares of its common stock. The offering is subject to customary closing conditions and is expected to close on August 15, 2012.
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The amount is up from the originally announced 5 million offering.
The Company has granted the underwriters a 30-day option to purchase 900,000 additional shares of its common stock. The offering is subject to customary closing conditions and is expected to close on August 15, 2012.
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