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AG Mortgage Investment Trust Files $1 Billion Mixed Shelf

05/10/2021 00:37

04:29 AM EDT, 05/10/2021 (MT Newswires) -- AG Mortgage Investment Trust (MITT) on Friday filed a shelf registration statement for the potential sale of $1 billion of its securities from time to time.

The filing covers the sale of the company's common stock, preferred stock, debt securities, warrants, units, and subscription rights.

Unless otherwise indicated in a prospectus supplement, the company plans to use the net proceeds to purchase target assets and for general corporate purposes, including the debt repayment.

Price: 4.0900, Change: -0.1000, Percent Change: -2.39