Based on the number of shares of CYS
common stock outstanding as of the closing date, approximately 72.7m shares of Two Harbors common stock and USD 15m in cash consideration will be issued to CYS
common stockholders in connection with the merger.
In the past, a consistently high bias of the Diazyme results had been attributed to noncommutability of CAP's conventional CYS
Survey samples, but it now appears not to be simply a noncommutability artifact but also reflects inaccurate calibration traceability to the ERM-DA471/IFCC reference material.
The "within-run" imprecision of the method evaluated by the relative standard deviation (RSD) was assessed from replicate HPLC analyses of 20 calibrators derivatized separately and was 3.2% for Cys
, 2.2% for [gamma]-GluCys, 2.9% for Cys-Gly, and 2.0% for glutathione.
As of March 31, 2018, the adjusted book value per share for Two Harbors and CYS
, on a pro forma basis, would have been USD 15.63 and USD 7.41, respectively.
Investments, based in New York, New York, invests on a leverage basis in residential mortgage pass-through securities for which the principal and interest payments are guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae.
The number of Two Harbors shares issued will be based on an exchange ratio to be determined by dividing 96.75% of CYS
' adjusted book value per share by 94.20% of Two Harbors' adjusted book value per share.
Investments intends to sell 30m pieces of its common stock.
is a speciality finance company that invests in residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae, on a leveraged basis mainly and refers to these securities as Agency RMBS.