Axos Financial, Inc. announced an Equity Distribution Agreement with Keefe, Bruyette & Woods, Inc. and Raymond James & Associates, Inc., allowing the company to issue and sell up to $150 million in common stock through "at-the-market" offerings. Sales will be conducted on the New York Stock Exchange or other platforms at prevailing or negotiated prices. The company will pay a 2.5% commission on gross proceeds from sales. The agreement allows for termination by either party at any time.
WS News
2025-01-29
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