New York Mortgage Trust Inc. $(NYMT)$ has entered into an equity distribution agreement with JonesTrading Institutional Services LLC, allowing the company to sell shares of its preferred stock series: 8.00% Series D, 7.875% Series E, and 6.875% Series F. The transactions involve selling these shares on the Nasdaq Global Select Market or through privately negotiated transactions. The Agent, JonesTrading, will receive compensation of up to 2.0% of the gross proceeds from these sales. The total number of shares and specific prices per transaction are not disclosed in the document.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NYMT - New York Mortgage Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-059356), on June 13, 2025, and is solely responsible for the information contained therein.
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