NEW YORK–(BUSINESS WIRE) – AG Mortgage Investment Trust, Inc. (NYSE: MITT) (GLOVE or the Company) today announced the final results of its previously announced offering (the Exchange offer) to exchange up to 6,818,350 newly issued shares of the company’s common stock, with a par value of $ 0.01 (the Ordinary actions) for a maximum of 250,470 shares of its 8.25% cumulative redeemable preferred shares, Series A, par value $ 0.01 per share (CUSIP: 001228204) (on Preferred Series A), up to 556,600 shares of its 8.00% cumulative redeemable preferred shares Series B, par value $ 0.01 per share (CUSIP: 001228303) (on Favorite B Series), and up to 556,600 shares of its 8,000% Series C cumulative redeemable fixed rate preferred shares, par value $ 0.01 per share (CUSIP: 001228402) (on Favorite C Series).
The exchange offer expired at 11:59 p.m. New York time on September 11, 2020. According to the final tally provided by the exchange agent, American Stock Transfer & Trust Company, LLC, a total of 42,820 Preferred Shares Series A, 31,085 Preferred Series B and 29,355 Preferred Series C were validly deposited and were not duly withdrawn prior to the expiration of the exchange offer. The Company has accepted all of these 103,260 validly deposited shares and is issuing in exchange a total of 516,300 ordinary shares on the basis of the registration exemption provided for in section 3 (a) (9) of the Securities Act of 1933, as amended. Following the settlement, which is expected to be completed on September 15, 2020, the Company will have 34,750,901 common shares outstanding, 2,027,180 Series A preferred shares, 4,568,915 Series B preferred shares and 4,570,645 Series C preferred shares. .
ABOUT AG MORTGAGE INVESTMENT TRUST, INC.
AG Mortgage Investment Trust, Inc. is a hybrid mortgage REIT that opportunistically invests and manages a diversified portfolio of risk-adjusted residential and commercial investments. AG Mortgage Investment Trust, Inc. is managed and externally advised by AG REIT Management, LLC, a subsidiary of Angelo, Gordon & Co., LP, an SEC registered investment advisor specializing in investment activities alternatives.
ABOUT ANGELO GORDON
Angelo, Gordon & Co., LP is a private limited partnership founded in November 1988. The company manages approximately $ 39 billion as of June 30, 2020 with a primary focus on credit and real estate strategies. Angelo Gordon has over 550 employees, including over 200 investment professionals, and is headquartered in New York City, with offices in the United States, Europe and Asia. For more information visit www.angelogordon.com.
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos