Workflow
Mortgage Lending
icon
Search documents
Atrium Mortgage Investment Corporation Announces $30 Million Public Offering of Convertible Unsecured Subordinated Debentures
Globenewswire· 2025-06-12 20:13
Core Viewpoint - Atrium Mortgage Investment Corporation has announced an agreement to issue $30 million in 6.00% convertible unsecured subordinated debentures, with an option for an additional $4.5 million, to repay existing debt and fund future mortgage opportunities [1][2]. Group 1: Offering Details - The offering consists of 6.00% convertible unsecured subordinated debentures due September 30, 2032, priced at $1,000 each [1]. - The total gross proceeds could reach $34.5 million if the over-allotment option is fully exercised [1]. - The expected closing date for the offering is around June 30, 2025, pending necessary approvals [2]. Group 2: Debenture Terms - The debentures will accrue interest at 6.00% per annum, payable semi-annually starting March 31, 2026 [3]. - Holders can convert the debentures into common shares at a conversion price of $13.65, subject to adjustments [3]. - The debentures are direct, unsecured obligations of Atrium and are subordinated to other senior debts [4]. Group 3: Redemption and Repayment - The debentures are not redeemable before September 30, 2028, with specific conditions for redemption thereafter [5]. - Atrium has the right to repay the principal amount through the issuance of common shares, and can also pay interest in common shares [6]. Group 4: Company Overview - Atrium is a non-bank provider of residential and commercial mortgages, focusing on major urban centers in Canada [9]. - The company aims to provide stable dividends and preserve shareholder equity by adhering to conservative risk parameters [9]. - Atrium operates as a Mortgage Investment Corporation (MIC) under Canadian tax law, allowing it to avoid taxation on income if distributed as dividends [10].
Lost Money on Rocket Companies, Inc. (RKT)? Join Class Action Suit Seeking Recovery – Contact The Gross Law Firm
GlobeNewswire News Room· 2025-06-12 17:03
NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Rocket Companies, Inc. (NYSE: RKT). Shareholders who purchased shares of RKT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rocket-companies-inc-loss-submission-form/?id=152585&from=3 CLASS PERIOD: March ...
Rocket Companies, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before July 8, 2025 to Discuss Your Rights - RKT
Prnewswire· 2025-06-12 09:45
NEW YORK, June 12, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Rocket Companies, Inc. (NYSE: RKT).Shareholders who purchased shares of RKT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/rocket-companies-inc-loss-submission-form/?id=152572&from=4CLASS PERIOD: March 29, 202 ...
Lost Money on Rocket Companies, Inc.(RKT)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
GlobeNewswire News Room· 2025-06-10 17:01
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Rocket Companies, Inc. ("Rocket Companies" or the "Company") (NYSE: RKT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rocket Companies investors who were adversely affected by alleged securities fraud between March 29, 2021 and April 1, 2021. Follow the link below to get more information and be contacted by a member of our team: https://www.zlk.com/pslra-1/rocke ...
RKT LAWSUIT ALERT: The Gross Law Firm Notifies Rocket Companies, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire News Room· 2025-06-09 17:25
NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Rocket Companies, Inc. (NYSE: RKT). Shareholders who purchased shares of RKT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rocket-companies-inc-loss-submission-form/?id=151928&from=3 CLASS PERIOD: March ...
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Rocket Companies, Inc. of Class Action Lawsuit and Upcoming Deadlines - RKT
GlobeNewswire News Room· 2025-06-06 15:03
NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit is pending against Rocket Companies, Inc. (“Rocket Companies” or the “Company”) (NYSE: RKT). Investors in Rocket Companies securities are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whet ...
Atrium Mortgage Investment Corporation Announces June 2025 Dividend
Newsfile· 2025-06-05 20:30
Core Points - Atrium Mortgage Investment Corporation has declared a monthly dividend of $0.0775 per common share for June 2025, payable on July 11, 2025, to shareholders of record on June 30, 2025 [1] - The company currently pays monthly dividends at an annual rate of $0.93 per share, with a potential special dividend at year-end if declared dividends are less than taxable income for the fiscal year [2] - Atrium offers a Dividend Reinvestment Plan (DRIP) allowing shareholders to reinvest dividends in new shares at a 2% discount from market price, facilitating compound growth of their investment [3] Company Overview - Atrium is recognized as Canada's Premier Non-Bank Lender™, providing residential and commercial mortgages in major urban centers in Canada, focusing on stability and liquidity in real estate [4] - As a Mortgage Investment Corporation (MIC) under the Canada Income Tax Act, Atrium is not taxed on income as long as taxable income is distributed to shareholders as dividends within 90 days after year-end [5]
The Gross Law Firm Notifies Shareholders of Rocket Companies, Inc.(RKT) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-06-05 09:45
CLASS PERIOD: March 29, 2021 to April 1, 2021 NEW YORK, June 5, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Rocket Companies, Inc. (NYSE: RKT). Shareholders who purchased shares of RKT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rocket-companies-inc-loss-submission-f ...
Real Matters Appoints Mortgage Market Industry Veteran John Walsh to its Board of Directors
Globenewswire· 2025-06-04 12:30
Core Viewpoint - Real Matters Inc. has appointed John Walsh to its Board of Directors, enhancing its leadership with his extensive experience in the mortgage and financial services industries [1][2]. Company Overview - Real Matters is a leading network management services provider for the mortgage lending and insurance industries, utilizing proprietary technology and a network of independent professionals to create an efficient marketplace [4]. - The company serves top 100 mortgage lenders in the U.S. and major banks and insurance companies in Canada, specializing in residential real estate appraisals and title and mortgage closing services [4]. Board Appointment Details - John Walsh's appointment is effective June 4, 2025, and he will serve on the Compensation, Nomination, Governance, and Sustainability Committee [1]. - Following this appointment, the Board will consist of seven directors, with six being independent [1]. John Walsh's Background - John Walsh brings over four decades of experience in the mortgage, real estate, and financial services sectors, having held leadership roles in technology and data firms [2]. - He was previously the CEO of LERETA LLC and DataQuick, and has held senior management positions at various mortgage companies and banks [2][3]. - Walsh holds an MBA from Harvard Business School and a Bachelor of Science from California Lutheran College, and has received the PROGRESS in Lending Association Lending Luminary Award™ [3].
Atrium Mortgage Investment Corporation Announces the Appointment of New CFO
Newsfile· 2025-06-02 20:30
Toronto, Ontario--(Newsfile Corp. - June 2, 2025) - Atrium Mortgage Investment Corporation (TSX: AI) ("Atrium") today announced the appointment of Gigi Wong as Chief Financial Officer, effective June 2, 2025.Robert Goodall, CEO of Atrium, stated, "We are very pleased to welcome Gigi to Atrium. She brings more than two decades of experience in finance and operational leadership, and will be responsible for overseeing the company's financial reporting and compliance functions. Gigi has held senior financial ...