CHIMERA INVESTMENT CORPORATION (NYSE:CIM) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Amendments to Articles of Incorporation or Bylaws;
Change in Fiscal Year
On January 9, 2017, the Board of Directors (the Board) of Chimera
Investment Corporation (Chimera) approved and adopted an
amendment to Chimeras Amended and Restated Bylaws (as so amended,
the Bylaws) for Chimera. The Bylaws became effective immediately
upon approval by the Board. The amendment removed the provision
that the Board had the exclusive power to adopt, alter or repeal
any provisions of the Bylaws and added the provision that in
addition to the Boards power to adopt, alter or repeal any
provision of the Bylaws and to adopt new Bylaws, the stockholders
may alter or repeal any provision of the Bylaws and adopt new
Bylaw provisions if any such alteration, repeal or adoption is
approved by the affirmative vote of two-thirds of the votes
entitled to be cast on the matter.
The foregoing description of the Bylaws does not purport to be
complete and is qualified by reference to the full text of the
Bylaws, which is attached as Exhibit 3.1 to this Current Report
on Form 8-K and incorporated herein by reference.
Item 9.01.Financial Statements and Exhibits
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Exhibit No. |
Description |
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3.1 |
Amended and Restated Bylaws, effective January 9, 2017 |
About CHIMERA INVESTMENT CORPORATION (NYSE:CIM)
Chimera Investment Corporation is a real estate investment trust. The Company is primarily engaged in the business of investing, on a leveraged basis, in a diversified portfolio of mortgage assets, including Agency residential mortgage-backed securities (RMBS), Non-Agency RMBS, Agency commercial mortgage backed securities (CMBS), residential mortgage loans and real estate related securities. The mortgage backed securities (MBS) and real estate-related securities the Company purchases may include investment-grade and non-investment grade classes, including the BB-rated, B-rated and non-rated classes. The Company invests in mortgage pass-through certificates issued or guaranteed by The Government National Mortgage Association (Ginnie Mae), The Federal National Mortgage Association (Fannie Mae) or The Federal Home Loan Mortgage Corporation (Freddie Mac). The Company may also invest in collateralized mortgage obligations (CMOs) issued by the Agencies. CHIMERA INVESTMENT CORPORATION (NYSE:CIM) Recent Trading Information
CHIMERA INVESTMENT CORPORATION (NYSE:CIM) closed its last trading session up +0.08 at 17.17 with 1,443,058 shares trading hands.
