AG Mortgage Investment Trust, Inc.
Extract: Charter Amendment (Plain English Desc) from a 8-K on 07/27/2021   Download
SEC Document
SEC Filing
After the close of business on July 22, 2021, AG Mortgage Investment Trust, Inc. (the “Company”) effected the previously announced 1-for-3 reverse stock split (the “Reverse Stock Split”) of its outstanding shares of common stock, par value $0.01 per share (the “Common Stock”). On July 21, 2021, the Company filed with the State Department of Assessments and Taxation of Maryland two Articles of Amendment (the “Amendments”) to its charter that: (i) provided for a 1-for-3 reverse stock split of the issued and outstanding shares of Common Stock, effective at 5:00 p.m. Eastern Time on July 22, 2021 (the “Effective Date”), and (ii) provided for the par value of the Common Stock to be changed from $0.03 per share (as a result of the reverse stock split) back to $0.01 per share, effective at 5:01 p.m. Eastern Time on July 22, 2021.