Two Harbors Investment Corp . TWO, +0.00% today announced that it has priced a public offering of 18,000,000 shares of its common stock for total expected gross proceeds of $249.3 million, before estimated expenses. In connection with the offering, the Company has also granted the underwriters an option for 30 days to purchase up to an additional 2,700,000 shares of common stock to cover overallotments. The offering is subject to customary closing conditions and is expected to close on or about March 21, 2019.
The offering will be made pursuant to the company's shelf registration statement previously filed with the Securities and Exchange Commission ("SEC") on February 28, 2018 (Commission File No. 333-223311).The offering will be made only by means of a prospectus supplement and an accompanying prospectus. Before you invest, you should read the prospectus supplement and accompanying prospectus along with other documents that the company has filed with the SEC for more complete information about the company and this offering. Copies of the preliminary prospectus supplement and accompanying prospectus, when available, may be obtained by contacting: Credit Suisse, Eleven Madison Avenue, 3rd floor, New York, New York 10010, Attention: Prospectus Department or by telephone at (800) 221-1037; J.P. Morgan, Attention: Prospectus Department, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by calling toll free at (866) 803-9204; JMP Securities LLC, 600 Montgomery Street, 10th Floor, San Francisco, California 9411, Attention: Prospectus Department or by telephone at (415) 835-8985.
Investors: Margaret Field, Investor Relations, Two Harbors Investment Corp., 212-364-3663, margaret.field@twoharborsinvestment.com.