secwatch.observer — SEC 8-K summary
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Issuer:     DYNEX CAPITAL INC (DX)
CIK:        0000826675
Form:       8-K
Filed at:   2024-06-07T23:59:59+00:00
Accession:  0000826675-24-000084
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dynex Capital prices 10.5M share offering at $11.88/share, net proceeds ~$124.5M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/826675/000082667524000084/0000826675-24-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/826675/000082667524000084/dx-20240605.htm
  HTML page:      https://secwatch.observer/filing/0000826675-24-000084

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer