---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-24-000559"
form_type: "8-K"
ticker: "CIM"
cik: "0001409493"
company_name: "CHIMERA INVESTMENT CORP"
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:31:27.269152+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Chimera Investment Corp announces 1-for-3 reverse stock split, effective May 21, 2024

## Summary
- Outstanding shares reduced from ~241.4M to ~80.5M; authorized shares cut from 500M to 166.7M.
- Effective after close on May 21, 2024; post-split trading starts May 22 under new CUSIP 16934Q 802.
- No fractional shares; cash in lieu paid based on May 21 closing price.
- Objective: align share count with similar market-cap companies and broaden investor appeal.
- Stockholders with book-entry or nominee-held shares need no action; certificated holders must return certificates.

## SEC filing metadata
- accession: 0001206774-24-000559
- form_type: 8-K
- ticker: CIM
- cik: 0001409493
- company_name: CHIMERA INVESTMENT CORP
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409493/000120677424000559/0001206774-24-000559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409493/000120677424000559/cim4333632_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-24-000559
- JSON: https://secwatch.observer/filing/0001206774-24-000559.json
- Plain text: https://secwatch.observer/filing/0001206774-24-000559.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.