secwatch.observer — SEC 8-K summary
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Issuer:     Orchid Island Capital, Inc. (ORC)
CIK:        0001518621
Form:       8-K
Filed at:   2025-02-24T23:59:59+00:00
Accession:  0001104659-25-016385
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orchid Island Capital establishes $350M ATM equity distribution program
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1518621/000110465925016385/0001104659-25-016385-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1518621/000110465925016385/tm257255d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-016385

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