Orchid Island Capital establishes $350M ATM equity distribution program

Orchid Island Capital, Inc.

Up to $350M of common stock may be sold at-the-market through J.P. Morgan, BTIG, Citizens JMP, JonesTrading.
Sales agents entitled to compensation of up to 2% of gross proceeds from shares sold.
Company has no obligation to sell any shares and may suspend offerings at any time.
Shares to be issued under existing S-3 registration statement; prospectus supplement filed February 24, 2025.

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