Redwood Trust Inc. closed its underwritten public offering of 6,250,000 common shares.

The trust said underwriters fully exercised their option to buy 937,500 additional shares July 24 and the offering was completed July 26.

J.P. Morgan Securities LLC, Wells Fargo Securities LLC, Goldman Sachs & Co. LLC and Credit Suisse Securities (USA) LLC were the representatives of the offering's underwriters.