New York Mortgage Trust (NYMT) Announces Proposed 25M Share Common Offering

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New York Mortgage Trust (NYMT) Prices 25M Share Common Offering for Gross Proceeds of Approx. $152.2M

November 20, 2019 5:52 AM EST

New York Mortgage Trust, Inc. (NASDAQ: NYMT) announced today that it priced an underwritten public offering of 25,000,000 shares of its common stock for gross proceeds of approximately $152.5 million. The underwriter may offer the common stock from time to time to purchasers directly or through agents, or through brokers in brokerage transactions on The Nasdaq Global Select Market, or to dealers in negotiated transactions or in a combination of such methods of sale, at a fixed price or prices, which may be... More