Ellington Residential Mortgage REIT (NYSE:EARN) Files An 8-K Other Events
Item 8.01Other Events.
In connection with the existing at-the-market equity offering program (the “ATM Program”) of Ellington Residential Mortgage REIT (the “Company”) and a prospectus supplement filed by the Company with the Securities and Exchange Commission on December 28, 2017 (File No. 333-220923) with respect to the issuance and sale from time to time of shares of the Company’s common stock (the “Shares”), the Company is filing as Exhibit 5.1 hereto an opinion of its Maryland counsel, Venable LLP, with respect to the legality of the Shares.
This Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
Item 9.01Financial Statements and Exhibits.
(d) Exhibits. The following exhibit is being furnished herewith this Current Report on Form 8-K.
Ellington Residential Mortgage REIT Exhibit
EX-5.1 2 exhibit51.htm EXHIBIT 5.1 Exhibit [LETTERHEAD OF VENABLE LLP]March 18,…
To view the full exhibit click here
About Ellington Residential Mortgage REIT (NYSE:EARN)
Ellington Residential Mortgage REIT is a real estate investment trust. The Company conducts its business through its subsidiaries, EARN OP GP LLC and Ellington Residential Mortgage LP (the Operating Partnership). It specializes in acquiring, investing in and managing residential mortgage- and real estate-related assets. It constructs and managing a portfolio consisting of residential mortgage-backed securities (RMBS) for which the principal and interest payments are guaranteed by the United States Government agency or the United States Government-sponsored entity (Agency RMBS) and, to a lesser extent, RMBS backed by prime jumbo, Alternative A-paper manufactured housing, and subprime residential mortgage loans (non-Agency RMBS). Its Agency RMBS include residential mortgage pass-through certificates, collateralized mortgage obligations (CMOs) and to-be-announced mortgage pass-through certificates (TBAs). Its non-agency RMBS include investment grade and non-investment grade classes.
