other material
confidence high
sentiment neutral
materiality 0.70
Claros Mortgage Trust begins at-the-market equity offering of up to $150 million
Claros Mortgage Trust, Inc.
- Filed prospectus supplement for ATM offering of up to $150M of common stock.
- Sales agents include BTIG, J.P. Morgan, and Wells Fargo; compensation up to 2% of gross proceeds.
- Proceeds to enhance loan portfolio and for general corporate purposes; no obligation to sell shares.
- Offering terminates when $150M sold or agreement terminated; can be suspended anytime.