---
schema_version: "secwatch.filing_event.v1"
accession: "0001560672-23-000085"
form_type: "8-K"
ticker: "EARN"
cik: "0001560672"
company_name: "Ellington Credit Co"
filed_at: "2023-11-15T23:59:59+00:00"
generated_at: "2026-06-08T02:23:17.725056+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ellington Residential Mortgage REIT establishes $100M at-the-market equity offering program

## Summary
- Entered into equity distribution agreements with Citizens JMP, Ladenburg Thalmann, B. Riley Securities, and affiliate Armstrong Securities.
- May sell up to $100 million of common shares from time to time through ATM offerings on NYSE or in negotiated transactions.
- Agents will receive aggregate compensation up to 2.0% of gross proceeds from shares sold under the agreements.
- Armstrong Securities LLC is an affiliate of the Company and will receive compensation not exceeding 2.0% per share.
- Shares will be issued under existing Form S-3 registration statement; no obligation to sell any shares.

## SEC filing metadata
- accession: 0001560672-23-000085
- form_type: 8-K
- ticker: EARN
- cik: 0001560672
- company_name: Ellington Credit Co
- filed_at: 2023-11-15T23:59:59+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/1560672/000156067223000085/0001560672-23-000085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560672/000156067223000085/earn-20231114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001560672-23-000085
- JSON: https://secwatch.observer/filing/0001560672-23-000085.json
- Plain text: https://secwatch.observer/filing/0001560672-23-000085.txt

## Key facts
- Material Agreements
  Ellington Credit Co entered into equity distribution agreements with Citizens JMP Securities, LLC, Ladenburg Thalmann & Co. Inc., B. Riley Securities, Inc. and Armstrong Securities LLC valued at up to $100.0 million (effective 2023-11-14).
  - Action: entry
  - Agreement: atm program
  - Counterparty: Citizens JMP Securities, LLC, Ladenburg Thalmann & Co. Inc., B. Riley Securities, Inc. and Armstrong Securities LLC
  - Value: up to $100.0 million
  - Effective: 2023-11-14
  source text: On November 14, 2023, Ellington Residential Mortgage REIT (the “Company”) and Ellington Residential Mortgage Management LLC, the Company’s manager, entered into separate equity distribution agreements (each, an "Agreement" and collectively, the "Agreements") with each of Citizens JMP Securities, LLC, Ladenburg Thalmann & Co. Inc., B. Riley Securities, Inc. and Armstrong Securities LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560672/000156067223000085/0001560672-23-000085-index.htm

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