Angel Oak Mortgage REIT, Inc.

Angel Oak Mortgage REIT, Inc. (AOMR) priced its initial public offering on Jun 21, 2021 at $19.00 per share, raising $136.8M, and listed on NYSE. At the IPO price its market capitalization was about $484.6M. Wells Fargo was lead-left underwriter, joined by BofA Securities, Morgan Stanley and UBS and others. Sidley Austin and Venable advised the company and Clifford Chance advised the underwriters.

Angel Oak Mortgage REIT, Inc. is a real estate finance company that acquires and invests in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, with loans mainly sourced from the Angel Oak Mortgage Lending platform. It operates through an operating partnership.

Status

IPO

Ticker

AOMR

Exchange

NYSE

Priced

Jun 21, 2021

IPO price

$19.00

Raised

$136.8M

Market cap at IPO price

$484.6M

First filed

May 19, 2021

Underwriters

Wells Fargo, BofA Securities, Morgan Stanley, UBS, B. Riley, Nomura and Oppenheimer

Company counsel

Sidley Austin and Venable

Underwriters' counsel

Clifford Chance

Sector

Real estate & finance

Country / state

GA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.