Cherry Hill Mortgage Prices 6.5M Share IPO at $20.00/Share

Loading...
Loading...
- Cherry Hill Mortgage Investment Corporation
CHMI
(the “Company”) announced today the pricing of its initial public offering of 6,500,000 shares of common stock at $20.00 per share. The shares are expected to begin trading on the New York Stock Exchange on Friday, October 4, 2013 under the symbol “CHMI.” In connection with the offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 975,000 shares of common stock to cover over-allotments, if any. The offering is expected to close on October 9, 2013, subject to customary closing conditions. The Company intends to use the proceeds of the offering, together with additional proceeds from the anticipated sale of an additional 1,000,000
See full press release
Market News and Data brought to you by Benzinga APIs
Posted In: NewsGuidanceContractsManagementGlobal
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...