---
schema_version: "secwatch.filing_event.v1"
accession: "0001411342-23-000172"
form_type: "8-K"
ticker: "EFC"
cik: "0001411342"
company_name: "Ellington Financial Inc."
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T18:18:06.116744+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ellington Financial invests ~$11M in Great Ajax common stock at $6.60/share

## Summary
- Ellington Financial buys 1,666,666 shares of Great Ajax common stock in a registered direct offering.
- Purchase price of $6.60 per share, aggregate proceeds of ~$11.0 million to Great Ajax before expenses.
- Shares sold under Great Ajax's existing shelf registration statement and prospectus supplement dated October 20, 2023.
- Transaction closed on October 20, 2023; purchase agreement contains customary representations and warranties.

## SEC filing metadata
- accession: 0001411342-23-000172
- form_type: 8-K
- ticker: EFC
- cik: 0001411342
- company_name: Ellington Financial Inc.
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1411342/000141134223000172/0001411342-23-000172-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1411342/000141134223000172/efc-20231020.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001411342-23-000172
- JSON: https://secwatch.observer/filing/0001411342-23-000172.json
- Plain text: https://secwatch.observer/filing/0001411342-23-000172.txt

## Key facts
- Material Agreements
  Ellington Financial Inc. entered into Purchase Agreement with Great Ajax Corp. valued at approximately $11.0 million (effective 2023-10-20).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Great Ajax Corp.
  - Value: approximately $11.0 million
  - Effective: 2023-10-20
  source text: On October 20, 2023, Ellington Financial Inc. (the "Company") entered into a securities purchase agreement (the “Purchase Agreement”) with Great Ajax Corp. (“Great Ajax”), pursuant to which the Company agreed to purchase, and Great Ajax agreed to sell and issue to the Company, in a registered direct offering (the “Registered Offering”), an aggregate of 1,666,666 shares of common stock, $0.01 par value per share, of Great Ajax, at a purchase price per share of $6.60 (the “Shares”). The aggregate proceeds to Great Ajax from the Registered Offering are expected to be approximately $11.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1411342/000141134223000172/0001411342-23-000172-index.htm

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