Dynex Capital, Inc. announced a public offering of 2,750,000 shares of its common stock and intends to grant the underwriters a 30-day option to purchase up to an additional 412,500 shares of its common stock.
Dynex Capital announced a public offering of 2,750,000 shares of its common stock.
The company intends to grant the underwriters a 30-day option to purchase up to an additional 412,500 shares of its common stock.
J.P. Morgan is acting as the sole book-running manager for the offering.
The Company plans to use the net proceeds it receives from the offering to acquire additional investments and for general corporate purposes.
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