AGNC Investment Corp. 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by AGNC Investment Corp. on December 13, 2019, regarding an event that occurred on December 12, 2019. The filing addresses a corporate governance action involving the company's capital structure.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report is limited to a specific corporate action and does not contain financial performance data.
Material Changes
On December 12, 2019, the company filed a Certificate of Elimination with the Delaware Secretary of State. This action effectively eliminated the 7.750% Series B Cumulative Redeemable Preferred Stock from the company's Amended and Restated Certificate of Incorporation. All matters previously set forth in the Certificate of Designation for this series, filed on May 7, 2014, were removed.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. The document strictly reports the administrative elimination of the Series B Preferred Stock.
Key Facts for Investor Verification
- The 7.750% Series B Cumulative Redeemable Preferred Stock has been formally eliminated from the company's charter.
- The elimination became effective immediately upon the filing of the Certificate of Elimination on December 12, 2019.
- The company continues to have other classes of securities registered, including Common Stock (AGNC) and Series C, D, and E Preferred Stock.