Atrium Mortgage Invest (TSE:AI) has released an update.
Atrium Mortgage Investment Corporation has successfully completed a $25 million public offering of common shares to strengthen its financial position. The proceeds from the offering will be utilized to repay existing debts and for general corporate purposes, including funding new mortgage loans. This strategic move will provide Atrium with increased liquidity and support its goal of offering stable dividends to shareholders.
For further insights into TSE:AI stock, check out TipRanks’ Stock Analysis page.
