--- schema_version: "secwatch.filing_event.v1" accession: "0001411342-23-000187" form_type: "8-K" ticker: "EFC" cik: "0001411342" company_name: "Ellington Financial Inc." filed_at: "2023-11-14T23:59:59+00:00" generated_at: "2026-06-08T03:20:13.726095+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.3 calibrated_materiality_score: 0.3 confidence: "high" source: SEC EDGAR --- # Ellington Financial adds UBS and Armstrong as ATM agents; up to $168.33M available ## Summary - Added UBS Securities LLC and Armstrong Securities LLC as sales agents for at-market common stock offering. - Maximum aggregate offering price of up to $168.33 million remains available under the program. - Armstrong is a subsidiary of Ellington Financial; will receive up to 2% commission on shares sold. - Existing sales agreements with other agents amended to include the two new agents. - Company has no obligation to sell any shares and may suspend offerings at any time. ## SEC filing metadata - accession: 0001411342-23-000187 - form_type: 8-K - ticker: EFC - cik: 0001411342 - company_name: Ellington Financial Inc. - filed_at: 2023-11-14T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.3 - calibrated_materiality_score: 0.3 - confidence: high - sec_items: 1.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1411342/000141134223000187/0001411342-23-000187-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1411342/000141134223000187/efc-20231113.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001411342-23-000187 - JSON: https://secwatch.observer/filing/0001411342-23-000187.json - Plain text: https://secwatch.observer/filing/0001411342-23-000187.txt ## Key facts - Material Agreements Ellington Financial Inc. entered into Armstrong Sales Agreement with Armstrong Securities LLC valued at common stock offering program with up to $168.33 million Shares available for sale (effective 2023-11-13). - Action: entry - Agreement: equity purchase - Counterparty: Armstrong Securities LLC - Value: common stock offering program with up to $168.33 million Shares available for sale - Effective: 2023-11-13 source text: On November 13, 2023, Ellington Financial Inc. (the “Company”) and Ellington Financial Management LLC, the Company’s manager (the "Manager"), entered into (i) an equity distribution agreement (the “UBS Sales Agreement”) by and among the Company, the Manager and UBS Securities LLC (“UBS” and an "Agent") to include UBS as an additional sales agent in the Company's previously announced at the market common stock offering program and(ii) an equity distribution agreement (the “Armstrong Sales Agreement”) by and among the Company, the Manager and Armstrong Securities LLC (“Armstrong” and an "Agent") to include Armstrong as an additional sales agent in the Company's previously announced at the market common stock offering program. evidence_url: https://www.sec.gov/Archives/edgar/data/1411342/000141134223000187/0001411342-23-000187-index.htm - Material Agreements Ellington Financial Inc. amended Amendments to Existing Sales Agreements with Citizens JMP Securities LLC, B. Riley Securities Inc., Ladenburg Thalmann & Co. Inc. valued at Amendments modify Existing Sales Agreements to include UBS and Armstrong as additional sales agents (effective 2023-11-13). - Action: amendment - Agreement: equity purchase - Counterparty: Citizens JMP Securities LLC, B. Riley Securities Inc., Ladenburg Thalmann & Co. Inc. - Value: Amendments modify Existing Sales Agreements to include UBS and Armstrong as additional sales agents - Effective: 2023-11-13 source text: Also on November 13, 2023, the Company and the Manager entered into amendments (the "Amendments") to each of the equity distribution agreements, dated as of August 6, 2021, as amended on January 24, 2023, by and among the Company and the Manager, on the one hand, and each of Citizens JMP Securities, LLC, B. Riley Securities, Inc., and Ladenburg Thalmann & Co. Inc. (each, an "Agent" and, collectively with UBS and Armstrong, the "Agents"), respectively, on the other hand (as amended, the "Existing Sales Agreements" and, collectively with the UBS Sales Agreement and the Armstrong Sales Agreement, the "Sales Agreements"). evidence_url: https://www.sec.gov/Archives/edgar/data/1411342/000141134223000187/0001411342-23-000187-index.htm - Material Agreements Ellington Financial Inc. entered into UBS Sales Agreement with UBS Securities LLC valued at common stock offering program with up to $168.33 million Shares available for sale (effective 2023-11-13). - Action: entry - Agreement: equity purchase - Counterparty: UBS Securities LLC - Value: common stock offering program with up to $168.33 million Shares available for sale - Effective: 2023-11-13 source text: On November 13, 2023, Ellington Financial Inc. (the “Company”) and Ellington Financial Management LLC, the Company’s manager (the "Manager"), entered into (i) an equity distribution agreement (the “UBS Sales Agreement”) by and among the Company, the Manager and UBS Securities LLC (“UBS” and an "Agent") to include UBS as an additional sales agent in the Company's previously announced at the market common stock offering program and(ii) an equity distribution agreement (the “Armstrong Sales Agreement”) by and among the Company, the Manager and Armstrong Securities LLC (“Armstrong” and an "Agent") to include Armstrong as an additional sales agent in the Company's previously announced at the market common stock offering program. evidence_url: https://www.sec.gov/Archives/edgar/data/1411342/000141134223000187/0001411342-23-000187-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.