Chimera Investment Files for Mixed Shelf Offering

MT Newswires Live
08 Nov 2024

Chimera Investment (CIM) filed a registration statement Wednesday for a mixed shelf offering, under which the company plans to offer common shares, preferred shares, warrants, or debt securities from time to time.

The company said proceeds will be used for its acquisition of mortgage assets and for general working capital purposes.

Shares were over 2% higher in recent trading.

Price: 15.27, Change: +0.33, Percent Change: +2.24

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