AG Mortgage Investment Trust Announces Pricing of 5M Share Public Offering of Common Stock at $19/Share

AG Mortgage Investment Trust, Inc. MITT announced today that it has priced an underwritten public offering of 5,000,000 shares of common stock at a public offering price of $19.00 per share. The Company has granted the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock at the public offering price to cover overallotments. The offering is expected to close on January 24, 2012 and is subject to customary closing conditions. The Company intends to use the net proceeds of the offering to make, as market conditions warrant, additional acquisitions of agency securities, non-agency residential mortgage-backed securities and other target assets, and for general corporate purposes.