DYNEX CAPITAL INC (DX) Form 424B5 — Jul 28, 2026
Dynex Capital has filed a prospectus supplement to replenish its at-the-market (ATM) offering program, authorizing the sale of up to 99,326,438 shares of common stock. The company previously sold 48,027,749 shares under a prior agreement, which has now terminated, making this new filing necessary to continue its capital raising strategy. Sales will be conducted through a group of sales agents including BTIG, Goldman Sachs, and Wells Fargo, with commissions capped at 2.0% of the gross sales price. Proceeds from the offering are intended to fund the acquisition of additional mortgage-backed securities and for general corporate purposes.
Key figures
- Shares Outstanding
- 248166917
- Last Sale Price
- 12.64
- Shares Offered
- 99,326,438
- Prior Shares Sold
- 48027749
- Commission Percent
- 2
- Estimated Expenses
- 150000
- Outstanding Shares Post Offering
- 347,493,355
Price after filing
Close on the filing date to close N calendar days later (from $12.91). Historical, not a forecast.
AI analysis
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