Dynex Capital increases shares available for sale by 13M under distribution agreement

DYNEX CAPITAL INC

Amendment No. 4 to Distribution Agreement adds 13,000,000 common shares for sale.
Amendment entered February 10, 2023 with J.P. Morgan, JMP, JonesTrading, BTIG.
Shares are sold under existing at-the-market offering program; proceeds for general corporate purposes.
Legal opinion on share legality filed as Exhibit 5.1; XBRL tagging added to original 8-K.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DYNEX CAPITAL INC amended Amendment No. 4 with J.P. Morgan Securities LLC, JMP Securities LLC, JonesTrading Institutional Services LLC and BTIG, LLC (effective 2023-02-10).

Action: amendment
Agreement: atm program
Counterparty: J.P. Morgan Securities LLC, JMP Securities LLC, JonesTrading Institutional Services LLC and BTIG, LLC
Effective: 2023-02-10

Exact text from the filing

On February 10, 2023, Dynex Capital, Inc. (the “ Company ”), entered into amendment no. 4 (“ Amendment No. 4 ”) to the distribution agreement, dated June 29, 2018, as amended (the “ Agreement ” and as amended by Amendment No. 4, the “ Amended Agreement ”) by and among the Company, J.P. Morgan Securities LLC, JMP Securities LLC, JonesTrading Institutional Services LLC and BTIG, LLC.

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DYNEX CAPITAL INC filing history →

Source: SEC EDGAR

accession 0000826675-23-000013

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