Dynex Capital (DX) Announces 3.5M Share Public Offering of Common Stock

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Go back to Dynex Capital (DX) Announces 3.5M Share Public Offering of Common Stock

Dynex Capital, Inc. Announces Public Offering of Common Stock

March 3, 2021 4:22 PM EST

GLEN ALLEN, Va.--(BUSINESS WIRE)-- Dynex Capital, Inc. (NYSE: DX) (the Company) announced today that it intends to make a public offering of 3,500,000 shares of its common stock. In connection with the offering, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 525,000 shares of its common stock.

J.P. Morgan and JMP Securities are acting as joint book-running managers for the offering.

The offering is being made pursuant to the Companys existing shelf registration statement that has been declared effective by the Securities and... More