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Live News EQUITY ARTICLE M impact

Ellington Credit Establishes $125 Million At-the-Market Share Offering

Ellington Credit entered into an equity distribution agreement allowing it to sell up to $125 million of common shares through four securities firms. It is not obligated to sell shares and may offer them from time to time.

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Ellington Credit entered into an equity distribution agreement allowing it to sell up to $125 million of common shares through Citizens JMP Securities, B. Riley Securities, Lucid Capital Markets and Armstrong Securities. The company is not obligated to sell shares and may offer them from time to ti…