NEW YORK, Aug. 16, 2012 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq:NYMT) ("NYMT" or the "Company") announced today that it priced an underwritten registered public offering of 10,000,000 shares of common stock at a public offering price of $6.73 per share. NYMT also granted the underwriters an option to purchase up to an additional 1,500,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on August 21, 2012. Deutsche Bank Securities Inc. is serving as the sole bookrunning manager for the offering. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT:LTS), is serving as co-manager.
New York Mortgage Trust Announces Pricing Of Public Offering Of Common Stock
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts