Orchid Island registers $75 million at-the-market offering of stock

Ladenburg Thalmann and MUFG are agents for deal

By Susanna Moon

Chicago, Sept. 3 – Orchid Island Capital, Inc. said it filed a prospectus supplement to sell up to $75 million common shares through an at-the-market program.

The shares may be offered through Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc., and MUFG as sales agents.

The company’s shares (NYSE: ORC) closed at $14.09 on Sept. 2.

The real estate investment trust is based in Vero Beach, Fla.

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