NEW YORK, May 28, 2013 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq:NYMT) (the "Company") today announced that it priced a public offering of 3,000,000 shares of its 7.75% Series B Cumulative Redeemable Preferred Stock (the "Series B Preferred Stock"), liquidation preference $25.00 per share, for gross proceeds of $75,000,000, before deducting underwriting discounts and offering expenses. The Company has applied to list the Series B Preferred Stock on the Nasdaq Capital Market under the symbol "NYMTP."
New York Mortgage Trust, Inc. Announces Pricing Of Public Offering Of 7.75% Series B Cumulative Redeemable Preferred Stock
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