Granite Point Mortgage Trust (GPMT) Announces Launch of IPO
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Granite Point Mortgage Trust Inc. Announces Launch of Initial Public Offering
June 15, 2017 6:30 AM EDTNEW YORK--(BUSINESS WIRE)-- Granite Point Mortgage Trust Inc. (Granite Point) today announced that it has commenced an initial public offering of 10,000,000 shares of common stock at an anticipated initial public offering price of between $20.00 and $21.00 per share. In addition, the underwriters will have a 30-day option to purchase from Granite Point up to an additional 1,500,000 shares of common stock at the initial public offering price. Granite Point has been approved, subject to official notice of issuance, to list its common stock on the New York Stock Exchange under the symbol GPMT.
In addition, Granite Point intends to... More
