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Owens Realty Mortgage waives ownership limit for Nantahala Capital Management

Owens Realty MortgageInc. on March 25 entered into an ownership limit waiver agreement withNantahala Capital Management LLC,according to a Form 8-K filed March 29.

The agreement waives the ownership limitations contained in OwensRealty Mortgage's articles of amendment and restatement, allowing Nantahala andcertain of the funds and accounts it manages to own collectively up to 1,060,724shares of Owens Realty Mortgage common stock. That sum represents about 10.35% ofthe company's outstanding common stock.