The latest announcement is out from Great Ajax Corp (AJX).
Great Ajax Corp. has revamped its sales strategy by updating an existing sales agreement and forging a new one with B. Riley Securities, Inc. and BTIG, LLC respectively, enabling the sale of up to $100 million in common stock. These stocks can be traded on the New York Stock Exchange or directly sold to the agents. Simultaneously, the company severed ties with former sales agents JMP Securities LLC and Raymond James & Associates, Inc., effective immediately on March 15, 2024.
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