Chimera Investment Corp. Files 8-K on Material Agreement
Ticker: CIMO · Form: 8-K · Filed: May 22, 2024 · CIK: 1409493
| Field | Detail |
|---|---|
| Company | Chimera Investment Corp (CIMO) |
| Form Type | 8-K |
| Filed Date | May 22, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $65 million, $9.75 million, $62.5 million, $71.9 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, 8-K
TL;DR
CHIMERA files 8-K for new material definitive agreement - potential financial obligation.
AI Summary
On May 22, 2024, Chimera Investment Corp. entered into a material definitive agreement related to a direct financial obligation. The company, a real estate investment trust, filed an 8-K report detailing this event. Specific details regarding the nature of the obligation and any associated dollar amounts are not provided in this excerpt.
Why It Matters
This filing indicates a significant new financial commitment or obligation for Chimera Investment Corp., which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement and a direct financial obligation, suggesting potential financial risk or opportunity that requires further investigation.
Key Players & Entities
- CHIMERA INVESTMENT CORP (company) — Registrant
- May 22, 2024 (date) — Date of Report
FAQ
What is the nature of the material definitive agreement entered into by Chimera Investment Corp. on May 22, 2024?
The filing indicates the entry into a material definitive agreement and a direct financial obligation, but the specific details of the agreement are not provided in this excerpt.
What is the specific financial obligation created by this agreement?
The filing states the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the exact amount or terms are not detailed in this excerpt.
What is Chimera Investment Corp.'s primary business?
Chimera Investment Corp. is a real estate investment trust (REIT) as indicated by its Standard Industrial Classification code [6798].
Where is Chimera Investment Corp. headquartered?
Chimera Investment Corp. is headquartered at 520 Madison Avenue, 32nd Floor, New York, NY 10022.
What is the SEC file number for Chimera Investment Corp.?
The SEC file number for Chimera Investment Corp. is 001-33796.
Filing Stats: 1,354 words · 5 min read · ~5 pages · Grade level 11.8 · Accepted 2024-05-22 16:16:07
Key Financial Figures
- $0.01 — ich Registered Common Stock, par value $0.01 per share CIM New York Stock Exchan
- $65 million — ny") completed the issuance and sale of $65 million aggregate principal amount of its 9.000
- $9.75 million — option to purchase up to an additional $9.75 million aggregate principal amount of the Notes
- $62.5 million — ed offering expenses, are approximately $62.5 million ($71.9 million if the Underwriter's ove
- $71.9 million — enses, are approximately $62.5 million ($71.9 million if the Underwriter's over-allotment opt
Filing Documents
- d810092d8k.htm (8-K) — 41KB
- d810092dex51.htm (EX-5.1) — 14KB
- d810092dex52.htm (EX-5.2) — 34KB
- g810092dsp09a.jpg (GRAPHIC) — 4KB
- g810092dsp09b.jpg (GRAPHIC) — 3KB
- g810092dsp6a.jpg (GRAPHIC) — 3KB
- g810092dsp6b.jpg (GRAPHIC) — 4KB
- 0001193125-24-144970.txt ( ) — 300KB
- cim-20240522.xsd (EX-101.SCH) — 4KB
- cim-20240522_def.xml (EX-101.DEF) — 15KB
- cim-20240522_lab.xml (EX-101.LAB) — 25KB
- cim-20240522_pre.xml (EX-101.PRE) — 16KB
- d810092d8k_htm.xml (XML) — 9KB
Financial Statements and Exhibits
Financial Statements and Exhibits. Exhibit 4.1 Indenture, dated April 13, 2020, between the Company and Wilmington Trust, National Association, as Trustee (incorporated herein by reference to Exhibit 4.1 to the Company's Current Report on Form 8-K, dated April 13, 2020). 4.2 Second Supplemental Indenture, dated May 22, 2024, between the Company and Wilmington Trust, National Association, as Trustee (incorporated herein by reference to Exhibit 4.8 to the Company's Registration Statement on Form 8-A, dated May 22, 2024). 4.3 Form of 9.000% Senior Notes Due 2029 of the Company (attached as Exhibit A to the Second Supplemental Indenture, incorporated herein by reference to Exhibit 4.9 to the Company's Registration Statement on Form 8-A, dated May 22, 2024). 5.1* Opinion of Venable LLP regarding the legality of the Notes. 5.2* Opinion of Hunton Andrews Kurth LLP regarding the legality of the Notes. 23.1* Consent of Venable LLP (included in Exhibit 5.1 hereto). 23.2* Consent of Hunton Andrews Kurth LLP (included in Exhibit 5.2 hereto). 104 Cover Page Interactive Data File (formatted as Inline XBRL). * Filed herewith. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CHIMERA INVESTMENT CORPORATION (REGISTRANT) Date: May 22, 2024 By: /s/ Miyun Sung Name: Miyun Sung Title: Chief Legal Officer and Secretary