AG Mortgage IT (MITT) Annoucnes 5M Common Offering
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AG Mortgage Investment Trust, Inc. (NYSE: MITT) intends to make a public offering of 5,000,000 shares of its common stock. The Company intends to grant the underwriters a 30-day option to purchase 750,000 additional shares of its common stock.
The Company expects to use the net proceeds from the offering to make additional acquisitions of residential mortgage-backed securities, other real estate-related securities, and for general corporate purposes.
The Company expects to use the net proceeds from the offering to make additional acquisitions of residential mortgage-backed securities, other real estate-related securities, and for general corporate purposes.
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