Firm capital mortgage investment corporation announces upsizing of previously announced bought deal offering

/base shelf prospectus is accessible, and prospectus supplement will be accessible on sedar+ within two business days/ /not for distribution to u.s. news wire services or dissemination in the united states/ toronto, aug. 01, 2024 (globe newswire) -- firm capital mortgage investment corporation (the “corporation”) (tsx: fc) is pleased to announce that it has increased the size of its previously announced bought deal offering. pursuant to the amended terms, the corporation has entered into an agreement to sell, on a bought deal basis, to a syndicate of underwriters bookrun by td securities inc. and cibc capital markets, 1,950,000 common shares of the corporation (the “shares”) at a price of $11.30 per share (the “issue price”) for gross proceeds of $22,035,000 (the “offering”).
FC Ratings Summary
FC Quant Ranking