estimates that the net proceeds from the offering will be approximately $74.7 million (or approximately $86.0 million if the underwriters exercise in full their option to purchase additional shares) after deducting the underwriting discounts and commissions and its estimated offering expenses.
Based on such conditions, NYMT
said the deal would close in December 2014.
also expects to grant the underwriters an option to purchase up to an additional 1,950,000 shares of common stock.
According to the repurchase agreement, RB Commercial Mortgage LLC, a subsidiary of NYMT
, transferred Multifamily CMBS having an estimated aggregate market value of approximately USD116m to New York Mortgage Securitization Trust 2012-1, a special purpose entity, in exchange for the proceeds.
I've many fond memories of my time spent with the company and I'm thrilled to be supporting them and the next generation of theatremakers, particularly with NYMT
's exciting plans for the future," The Daily Star quoted the actor as saying.
They added: 'All of us effectively started our training at the NYMT
The brief of the NYMT
is to give young people the opportunity to participate in all aspects of music theatre to the highest international standard, including the creation of new music theatre repertoire - and that's what is on offer in Newcastle this weekend.
Talentspotting is the annual event which gives young people and their parents the chance to find out about the work of NYMT
It was at NYMT
, in a two-month run of Sleeping Beauty, that a nine-year- old Jamie came across the welcome sight of a fellow boy dancer called Daniel Hornsey.
Now he's pipped 3,000 other kids to win a place at the UK's own fame academy, the National Youth Music Theatre (NYMT
) announced that the underwriters of its underwritten registered public offering of 13,500,000 shares of common stock have exercised in full their option to purchase an additional 2,025,000 shares of common stock from the company.
Maryland-based New York Mortgage Trust Inc (NASDAQ: NYMT
) has said that it has launched an underwritten public offering of four million shares of common stock.