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Stock impact report

New York Mortgage Trust Announces Public Offering of Common Stock

New York Mortgage Trust, Inc. (NYMT) 
Last new york mortgage trust, inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: nymtrust.com
Company Research Source: GlobeNewswire
NEW YORK, May 08, 2019 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) announced today that it plans to make a public offering of 18,000,000 shares of its common stock. NYMT also expects to grant the underwriters an option to purchase up to an additional 2,700,000 shares of common stock. Morgan Stanley, Barclays, Credit Suisse, J.P. Morgan and UBS Investment Bank will serve as joint bookrunning managers for the offering. NYMT intends to use the net proceeds of this offering for general business purposes, which may include, among other things, acquiring its targeted assets, including both single-family residential and multi-family credit investments, and various other types of mortgage-related and residential housing-related assets that the Company may target from time to time and general working capital purposes. The offering is being made pursuant to the Company’s existing shelf registration statement, which automatically became effectiv Show less Read more
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