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New York Mortgage Trust, Inc.
Ticker Symbol: NYMT CUSIP: 649604840 Previous CUSIP: 649604501 Exchange: NGS
February 22, 2023 -- the Company announced that its Board of Directors approved a one-for-four reverse stock split of its issued, outstanding and authorized shares of common stock (the “Reverse Stock Split”). The Reverse Stock Split is expected to take effect as of 12:01 a.m., New York City time, on March 9, 2023 (the “Effective Time”). Accordingly, at the Effective Time, every four issued and outstanding shares of the Company’s common stock will be converted into one share of the Company’s common stock, with a proportionate reduction in the Company’s authorized shares of common stock, outstanding equity awards and number of shares remaining available for issuance under the Company’s 2017 Equity Incentive Plan. The par value of each share of common stock will remain unchanged. The Company’s common stock is expected to begin trading on the Nasdaq Global Select Market on a post-reverse stock split basis beginning on March 9, 2023, under a new CUSIP number: 649604840.
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Company's Online Profile
BUSINESS: New York Mortgage Trust, Inc. is an internally managed real estate investment trust that invests in mortgage-related and financial assets and targets residential mortgage loans, including distressed residential loans, multi-family CMBS, mezzanine loans to and preferred equity investments in owners of multi-family properties, equity and debt securities issued by entities that invest in commercial real estate-related debt investments and Agency RMBS consisting of fixed-rate, adjustable-rate and hybrid adjustable-rate RMBS and Agency IOs consisting of interest only and inverse interest-only RMBS that represent the right to the interest component of the cash flow from a pool of mortgage loans. Headlands Asset Management, LLC provides investment management services to the Company with respect to certain of its targeted asset classes.
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Find All Related Securities for NYMT
IPO - 6/24/2004 - 15.00 Million Shares @ $9.00 /share.
Link to IPO Prospectus
Previous Ticker Symbol: NYMO Changed: 6/04/2008
Mid Cap Stock -
Market Value $919.0 Million
Click for current NYMT price quote from the NASDAQ
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 90 Park Avenue, New York, NY 10016 |
| Main Phone Number |
212-792-0107 |
| Fax Number |
Not Available |
| Investor Contact (CFO)
Kristine R. Nario-Eng
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646-216-2363
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| CEO - Jason T. Serrano |
CFO - Kristine R. Nario-Eng |
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