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

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

New York Mortgage Trust Announces Pricing of Public Offering of Common Stock

November 19, 2019 7:00 PM EST

NEW YORK, Nov. 19, 2019 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (NYMT or the Company) 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