Ellington Residential Mortgage REIT Announces Public Offering of Common Shares
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Ellington Residential Mortgage REIT (EARN) Prices 3M Common Stock Offering at $14.55/Share
May 10, 2017 8:53 AM EDTEllington Residential Mortgage REIT (NYSE: EARN) (the Company) today announced that it has priced an underwritten public offering of 3,000,000 common shares at a price to the public of $14.55 per share. The Company has granted the underwriters an option for 30 days to purchase up to an additional 450,000 common shares. The offering is subject to customary closing conditions and is expected to close on May 15, 2017. Morgan... More
