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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
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