---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-059006"
form_type: "8-K"
ticker: "EFC"
cik: "0001411342"
company_name: "Ellington Financial Inc."
filed_at: "2025-12-29T23:59:59+00:00"
generated_at: "2026-05-16T12:05:37.846677+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ellington Financial increases ATM offering capacity to $500M, adds Citadel and Moelis as agents

## Summary
- Entered amendments and new equity distribution agreements on Dec 23, 2025, raising ATM capacity to $500 million.
- Added Citadel Securities and Moelis & Co. as sales agents alongside existing agents Citizens JMP, B. Riley, BTIG, and Armstrong.
- Armstrong, a subsidiary of Ellington, will receive up to 2.0% compensation on shares sold through it.
- Shares will be issued under the existing automatic shelf registration statement; company has no obligation to sell.
- Proceeds used for general corporate purposes; offering may be suspended at any time.

## SEC filing metadata
- accession: 0001628280-25-059006
- form_type: 8-K
- ticker: EFC
- cik: 0001411342
- company_name: Ellington Financial Inc.
- filed_at: 2025-12-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1411342/000162828025059006/0001628280-25-059006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1411342/000162828025059006/efc-20251223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-059006
- JSON: https://secwatch.observer/filing/0001628280-25-059006.json
- Plain text: https://secwatch.observer/filing/0001628280-25-059006.txt

## Key facts
- Material Agreements
  Ellington Financial Inc. entered into Equity Distribution Agreements (amendments and new agreements) with Citizens JMP Securities, LLC, B. Riley Securities, Inc., BTIG, LLC, Armstrong Securities LLC, Citadel Securities Institutional LLC, Moelis & Company LLC valued at Maximum aggregate offering price of up to $500 million of common stock (effective 2025-12-23).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Citizens JMP Securities, LLC, B. Riley Securities, Inc., BTIG, LLC, Armstrong Securities LLC, Citadel Securities Institutional LLC, Moelis & Company LLC
  - Value: Maximum aggregate offering price of up to $500 million of common stock
  - Effective: 2025-12-23
  source text: On December 23, 2025, Ellington Financial Inc. (the “Company”) and Ellington Financial Management LLC, the Company’s manager (the "Manager"), entered into separate amendments (each an "Amendment" and collectively, the "Amendments") to its existing equity distribution agreements dated September 30, 2024 (collectively, as amended, the "Existing Sales Agreements") with each of Citizens JMP Securities, LLC (“Citizens JMP”), B. Riley Securities, Inc. (“B. Riley Securities”), BTIG, LLC (“BTIG”) and Armstrong Securities LLC ("Armstrong") relating to the Company’s previously announced at the market common stock offering program (the “Offering").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1411342/000162828025059006/0001628280-25-059006-index.htm

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