NEW YORK, April 2, 2014 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq:NYMT) ("NYMT" or the "Company") announced today that it priced an underwritten public offering of 13,000,000 shares of its common stock at a public offering price of $7.59 per share. NYMT also granted the underwriters an option to purchase up to an additional 1,950,000 shares of common stock. The offering is expected to close on April 7, 2014, subject to customary closing conditions. UBS Securities LLC, Credit Suisse Securities (USA) LLC, Barclays Capital Inc. and RBC Capital Markets, LLC are acting as joint bookrunning managers for the offering. Keefe, Bruyette & Woods, Inc. and JMP Securities LLC are acting as co-lead managers for the offering. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT:LTS), and Maxim Group LLC are acting as co-managers for the offering.
New York Mortgage Trust Announces Pricing Of Public Offering Of Common Stock
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