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Firm Capital Mortgage Investment Announces Partial Exercise of Over-Allotment Option
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Firm Capital Mortgage Investment Announces Partial Exercise of Over-Allotment Option
Oct 21, 2025 11:13 AM

01:53 PM EDT, 10/21/2025 (MT Newswires) -- Firm Capital Mortgage Investment ( FCMGF ) on Tuesday said the underwriters of its offering of 5.5% convertible unsecured subordinated debentures due Dec. 31, 2032, exercised in part, their over-allotment option, resulting in the issue of an additional $3.2 million aggregate principal amount of debentures.

The company said the exercise of the over-allotment option brings the total principal amount of such debentures issued to $28.2 million.

Proceeds from the exercise of the over-allotment option will be used to repay indebtedness.

Shares of the company were last seen up 0.075 to $12.0005 on the Toronto Stock Exchange.

Price: 12.01, Change: +0.08, Percent Change: +0.63

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