Orchid Island Capital increases authorized shares from 120M to 220M

Orchid Island Capital, Inc.

Authorized shares raised to 220M total (200M common, 20M preferred) from 120M.
Charter amendment filed Feb 13, 2025, and became effective immediately.
No change to fiscal year; only capital structure amendment.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

Orchid Island Capital, Inc.: The company filed articles of amendment to increase authorized shares from 120,000,000 to 220,000,000 (effective 2025-02-13).

Change: charter amendment
Effective: 2025-02-13

Exact text from the filing

On February 13, 2025, Orchid Island Capital, Inc. (the “Company”) filed articles of amendment to the Company’s charter to increase the number of authorized shares of stock of the Company from 120,000,000 shares to 220,000,000 shares, consisting of 200,000,000 shares of common stock, $0.01 par value per share, and 20,000,000 shares of preferred stock, $0.01 par value per share (the “Charter Amendment”).

View on SEC.gov

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Orchid Island Capital, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-25-004044

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