SEC Filing Summary: New York Mortgage Trust, Inc. (8-K)
Business Context and Reporting Period
This Current Report on Form 8-K was filed by New York Mortgage Trust, Inc. (the "Company") on June 25, 2004, covering events occurring on June 23 and June 24, 2004. The filing details the pricing and execution of the Company's initial public offering (IPO).
Key Financial Metrics
- Offering Size: 15,000,000 shares of common stock.
- Offering Price: $9.00 per share.
- Net Proceeds: Approximately $125,550,000.
- Underwriters: Friedman, Billings, Ramsey & Co., Inc. (representative).
The filing does not provide historical revenue, profit, cash flow, margin, debt, or liquidity metrics as this is a transactional report regarding an IPO rather than a periodic financial statement.
Material Changes
The primary material change is the Company's transition to a publicly traded entity through the completion of its IPO. The Company entered into an underwriting agreement on June 23, 2004, and announced the pricing of the offering on June 24, 2004.
Outlook, Risks, and Management Commentary
Management commentary is limited to the announcement of the IPO pricing and the execution of the underwriting agreement. The filing incorporates a press release (Exhibit 99.1) and the Underwriting Agreement (Exhibit 1.1) by reference. No specific forward-looking guidance, risk factors, or contingencies are detailed within the text of this specific 8-K filing.
Key Facts for Investor Verification
- Verify the final use of the approximately $125.55 million in net proceeds as outlined in the full prospectus.
- Review the Underwriting Agreement (Exhibit 1.1) for details on underwriting fees, indemnification, and lock-up provisions.
- Confirm the listing exchange and ticker symbol for the newly issued common stock.
- Examine the full S-1 registration statement for comprehensive risk factors and historical financial data not included in this 8-K.