Orchid Island Capital establishes $500M at-the-market equity offering program

Orchid Island Capital, Inc.

Company entered Equity Distribution Agreement with J.P. Morgan, BTIG, Citizens JMP, JonesTrading to sell up to $500M of common stock.
Sales agents will receive up to 2.0% compensation on gross proceeds from shares sold.
Shares offered at market on NYSE or in negotiated transactions; company has no obligation to sell any shares.
Prospectus supplement dated October 27, 2025 filed with SEC in conjunction with the ATM program.

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