other material
confidence high
sentiment neutral
materiality 0.45
AGNC ups ATM equity offering capacity to $1.5B; $1.25B already sold under prior program
AGNC Investment Corp.
- Amendment No. 2 increases aggregate offering price under ATM to $1.5 billion, up from prior limit.
- As of Oct 25, 2024, $1.25 billion of common stock already sold under Amendment No. 1.
- Agents receive up to 1.0% of gross sales price for shares sold; sales on best-efforts basis.
- Shares may be sold through Nasdaq, OTC, privately negotiated or block transactions.
- Program effective Oct 25, 2024; terminates upon sale of all shares or 10 days' notice by either party.