Orchid Island Capital (ORC) Announces Proposed 7.6M Share Common Offering

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Orchid Island Capital (ORC) Prices $40.3M Share Common Offering

January 21, 2021 5:59 AM EST

Orchid Island Capital, Inc. (NYSE: ORC) announced today that it priced an underwritten public offering of 7,600,000 shares of its common stock for gross proceeds of approximately $40.3 million. The Company also granted the underwriter a 30-day option to purchase up to an additional 1,140,000 shares... More