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business1d ago
Ellington Financial Signs Underwriting Agreement With Morgan Stanley and Goldman Sachs
- Ellington Financial signs an underwriting agreement to sell 8.775 million shares of common stock.
- The deal is expected to close around Jan 28, 2026, subject to customary conditions.
- Morgan Stanley and Goldman Sachs lead as underwriters' representatives.
- The underwriting includes standard covenants, representations, and indemnification provisions.
- The deal is conducted under Ellington Financial’s Form S-3 shelf registration statement.
- The press note cites a 30-day option for underwriters to purchase additional shares.
- The closing is contingent on customary conditions.
- The announcement confirms Ellington Financial remains active in equity capital raising.
- The news source is TradingView, noting the 8-K filing context.
- The summary is AI-generated and advises verification with the SEC filing.
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