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Great Ajax files mixed shelf

Great Ajax Corp. has filed a registration statement related to an offering of up to $150 million of various securities for sale from time to time.

The filing covers the offering of common stock, preferred stock, debt securities, warrants and units. The units will represent an interest in two or more of the registered securities.

Great Ajax intends to use the net proceeds from any sale to acquire mortgage-related assets or to invest in readily marketable, interest-bearing, short-term investment-grade securities or money market accounts that are consistent with the company's intent to qualify as a real estate investment trust. These temporary investments are expected to provide a lower net return than returns from the company's targeted investments.