Atrium Mortgage Invest (TSE:AI) has released an update.
Atrium Mortgage Investment Corporation has launched a public offering of common shares to raise $25 million, with an additional over-allotment option that could bring the total to approximately $28.77 million. The proceeds from this offering, which is expected to close by October 4, 2024, will be used to repay existing debt and provide funding for future mortgage loan opportunities.
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