Eagle Point Income Company (EIC) Prices 600K Share Offering at $18.45/sh
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Eagle Point Income Company Inc. Prices Offering of Common Stock
October 29, 2021 8:52 AM EDTGREENWICH, Conn.--(BUSINESS WIRE)-- Eagle Point Income Company Inc. (the Company) (NYSE:EIC, EICA) today announced that it has priced an underwritten public offering of 600,000 shares of its common stock at a public offering price of $18.45 per share, which will result in net proceeds to the Company of approximately $10.4 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company. In addition, the Company has granted the underwriter a 30-day option to purchase up to an additional 90,000 shares of common stock to cover over-allotments, if any.
The offering is expected to... More
