New York Mortgage Trust Files For Mixed Shelf Of Up To $300M
Portfolio Pulse from Benzinga Newsdesk
New York Mortgage Trust (NYMT) has filed for a mixed shelf offering of up to $300 million, according to an SEC filing.
July 26, 2024 | 8:18 pm
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New York Mortgage Trust (NYMT) has filed for a mixed shelf offering of up to $300 million, which could impact the stock price in the short term.
A mixed shelf offering allows the company to issue various types of securities, which can lead to dilution of existing shares and potentially lower the stock price in the short term.
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