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MTGE Investment to offer common shares in at-the-market program

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MTGE Investment to offer common shares in at-the-market program

MTGE Investment Corp. has established an at-the-market equity offering program under which it may sell up to $125 million worth of its common shares.

The company plans to use net proceeds from any stock sales to finance the acquisition of agency and nonagency securities, other mortgage-related assets, other real estate investments and hedging instruments. It may also use any proceeds for other general corporate purposes.

Cantor Fitzgerald & Co. and Wells Fargo Securities LLC are acting as sales agents for the program.