Hatteras Financial Corp. Resale Registration Statement Declared Effective
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WINSTON SALEM, N.C.--(BUSINESS WIRE)--
Hatteras Financial Corp. (NYSE: HTS) ("Hatteras" or "the Company") today announced that the Securities and Exchange Commission has declared effective its Registration Statement on Form S-11 (the "Registration Statement") relating to the resale of 15,103,937 shares of its common stock.
All of these shares of common stock were originally issued and sold in privately placed common stock offerings in November 2007 and February 2008. The Company filed the Registration Statement in accordance with the terms of the registration rights agreements entered into by the Company at the time of the private offerings. Under the Registration Statement, the selling stockholders listed in the prospectus are permitted, but are not obligated, to sell, from time to time, some or all of their respective shares covered by the prospectus. Hatteras will not receive any proceeds from the sale of shares under the Registration Statement.
A copy of the prospectus may be obtained from the Securities and Exchange Commission's website at www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
About Hatteras Financial Corp.
Hatteras Financial is a real estate investment trust formed in 2007 to invest exclusively in adjustable-rate and hybrid adjustable-rate single-family residential mortgage pass-through securities guaranteed by U.S. Government sponsored agencies, such as Fannie Mae, Freddie Mac or Ginnie Mae. Based in Winston-Salem, NC, Hatteras is managed and advised by Atlantic Capital Advisors LLC. Hatteras is a component of the Russell 2000(R) and the Russell 3000(R) indices.
Source: Hatteras Financial Corp.
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