NEW YORK, April 30, 2013 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq:NYMT) ("NYMT" or the "Company") announced today that it priced a public offering of 13,600,000 shares of common stock for total estimated gross proceeds of approximately $97.4 million. NYMT also granted the underwriters an option to purchase up to an additional 2,040,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on May 3, 2013. Deutsche Bank Securities and Credit Suisse are serving as joint bookrunners for the offering. JMP Securities LLC, Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT:LTS), and Maxim Group LLC are serving as co-managers.
New York Mortgage Trust Announces Pricing Of Public Offering Of Common Stock
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