Corporate ActionJul 28, 2026, 08:21 AM
Dynex Capital Increases ATM Offering by 80M Shares to 301.3M Total
AI Summary
Dynex Capital, Inc. entered into Amendment No. 10 to its distribution agreement, increasing the number of shares of common stock available for sale through its "at the market" offering program. The amendment adds 80,000,000 shares, bringing the total to 301,292,973 shares, with 99,326,438 shares remaining available for issuance. The shares will be offered through various sales agents including BTIG, Goldman Sachs, J.P. Morgan, and Morgan Stanley.
Key Highlights
- Amendment No. 10 to the distribution agreement was entered into on July 28, 2026.
- The amendment increases shares available for sale by 80,000,000 shares of Common Stock.
- A total of 301,292,973 shares of Common Stock are now available under the agreement.
- 99,326,438 shares remain available for issuance through the Sales Agents.
- Shares may be offered and sold through "at the market offerings" via multiple sales agents.
- Sales agents include BTIG, Goldman Sachs, J.P. Morgan, Morgan Stanley, and Wells Fargo Securities.
Price Impact
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