secwatch.observer — SEC 8-K summary
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Issuer:     Invesco Mortgage Capital Inc. (IVR)
CIK:        0001437071
Form:       8-K
Filed at:   2024-08-09T23:59:59+00:00
Accession:  0001193125-24-197942
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Invesco Mortgage Capital increases authorized common stock and enters new equity distribution agreement
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- Board authorized increase of authorized common shares from 67M to 134M, effective August 8, 2024.
- Entered equity distribution agreement with BTIG, Citizens JMP, JonesTrading to sell up to 18M shares of common stock.
- Placement agents will receive up to 2.00% of gross proceeds from sales under the ATM program.
- Shares sold via ordinary brokers' transactions on NYSE or negotiated transactions at market prices.
- Company sold remaining shares from prior ATM program as of July 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437071/000119312524197942/0001193125-24-197942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437071/000119312524197942/d702253d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-197942

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