mREIT Granite Point Mortgage Trust (GPMT) has sold more shares of their 7.00% fixed to floating rate preferred (GPMT-A).
The company had sold 4.6 million shares on 11/22/2021. They are now offering another 3.2 million shares plus 480,000 for over allotment. The offering price is $25/share.
Shares of this issue which had been trading at almost $26.00 before today closed today at $25.30.