AG Mortgage Updates Equity Distribution Agreements
Company Announcements

AG Mortgage Updates Equity Distribution Agreements

AG Mortgage ( (MITT) ) has issued an update.

AG Mortgage Investment Trust, Inc. has entered into new Equity Distribution Agreements with several sales agents to potentially offer up to $75 million in common stock. The proceeds are intended for general corporate purposes, including acquiring residential investments. Sales can occur through market offerings on the NYSE and compensate agents with up to 2% of the gross sales price. The company also terminated agreements with previous sales agents, effective November 6, 2024.

For detailed information about MITT stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskAG Mortgage Investment Trust Reports Strong Q3 2024 Results
TheFlyAG Mortgage reports Q3 EPS 17c, consensus 20c
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App