Atrium Mortgage Investment Corporation Announces $25 Million Public Offering of Common Shares

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TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Atrium Mortgage Investment Corporation (TSX: AI, AI.DB.D, AI.DB.E, AI.DB.F, AI.DB.G) (“Atrium”) announced today that it has entered into an agreement with a syndicate of underwriters bookrun by TD Securities Inc. and RBC Capital Markets, pursuant to which the underwriters will purchase 2,185,000 common shares (the “Shares”) of Atrium at a price of $11.45 per Share (the “Issue Price”) for gross proceeds of $25,018,250 (the “Offering”). Atrium has also granted to the underwriters an over-allotment option to purchase up to an additional 327,750 Shares at the Issue Price, exercisable in whole or in part at any time for a period of up to 30 days following closing of the Offering, to cover over-allotments. If the over-allotment option is exercised in full, the gross proceeds of the Offering will total $28,770,987.50.

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