other material
confidence high
sentiment neutral
materiality 0.65
Dynex Capital prices 10.5M share offering at $11.88/share, net proceeds ~$124.5M
DYNEX CAPITAL INC
- 10.5M common shares priced at $11.88; underwriter has 30-day option to buy up to 1.575M additional shares.
- Net proceeds of ~$124.54M after expenses; offering closed June 7, 2024.
- BTIG is sole book-running manager; proceeds to fund investments and general corporate purposes.
- Shares sold under effective shelf registration; legal and tax opinions filed as exhibits.