04:42 PM EDT, 05/23/2025 (MT Newswires) -- Merchants Bancorp ( MBIN ) filed a mixed shelf registration to raise up to $500 million through the sale of any combination of its securities from time to time, according to a Friday filing.

The filing covers debt securities, common stock, preferred stock, depositary shares, purchase contracts, warrants, and units.

Merchants said the debt securities and preferred shares may be convertible into or exchangeable for other of its securities.

Net proceeds will be used for general corporate purposes, unless otherwise specified in a prospectus supplement, the company said.