AG Mortgage Investment Trust (MITT) Announces 7M Share Offering
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AG Mortgage Investment Trust, Inc. Announces Public Offering of Common Stock
November 15, 2021 4:01 PM ESTNEW YORK--(BUSINESS WIRE)-- AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the Company) today announced it has commenced an underwritten public offering of 7,000,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 1,050,000 shares.
AG REIT Management, LLC (the Manager), the Companys external manager, has committed to purchase 700,000 shares in the offering. In addition, David N. Roberts, the Companys Chairman and Chief Executive Officer, has committed to purchase 200,000 shares in the offering. The shares purchased by the Manager and Mr.... More
