Ellington Financial Inc. Files 8-K on Corporate Structure

TL;DR

Ellington Financial Inc. filed an 8-K detailing its common and preferred stock series.

AI Summary

Ellington Financial Inc. filed an 8-K on November 6, 2024, reporting on other events and financial statements. The filing details the company's structure, including common stock and various series of preferred stock (Series A, B, C, D, E), all with reporting dates of November 6, 2024. The company is incorporated in Delaware and headquartered in Old Greenwich, CT.

Why It Matters

This filing provides an update on Ellington Financial Inc.'s corporate structure, including its common and preferred stock series, which is important for investors to understand the company's capital composition.

Risk Assessment

Risk Level: low — The filing is a routine corporate disclosure and does not appear to contain significant new risks or material adverse information.

Key Players & Entities

• Ellington Financial Inc. (company) — Registrant
• November 6, 2024 (date) — Report Date
• Delaware (jurisdiction) — State of Incorporation
• Old Greenwich, CT (location) — Company Headquarters
• Series A Preferred Stock (security) — Company Capital Structure
• Series B Preferred Stock (security) — Company Capital Structure
• Series C Preferred Stock (security) — Company Capital Structure
• Series D Preferred Stock (security) — Company Capital Structure
• Series E Preferred Stock (security) — Company Capital Structure

FAQ

Key Financial Figures

• $0.001 — ange on Which Registered Common Stock, $0.001 par value per share EFC The New York
• $25.540558 — ock redemption price is estimated to be $25.540558 per share of Series E Preferred Stock,
• $25.00 — equal to the liquidation preference of $25.00 per share plus $0.540558 per share repr
• $0.540558 — ion preference of $25.00 per share plus $0.540558 per share representing estimated accrue

Filing Documents

• efc-20241106.htm (8-K) — 35KB
• efc-ex991xserieseredemptio.htm (EX-99.1) — 10KB
• 0001411342-24-000106.txt ( ) — 230KB
• efc-20241106.xsd (EX-101.SCH) — 2KB
• efc-20241106_def.xml (EX-101.DEF) — 17KB
• efc-20241106_lab.xml (EX-101.LAB) — 30KB
• efc-20241106_pre.xml (EX-101.PRE) — 18KB
• efc-20241106_htm.xml (XML) — 7KB

01. Other Events

Item 8.01. Other Events On November 6, 2024, Ellington Financial Inc. (the "Company") announced the redemption (the "Redemption") of all 957,133 outstanding shares of its 8.250% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the "Series E Preferred Stock") (NYSE: EFC PR A). The Redemption will occur before market open on December 13, 2024 (the "Redemption Date") and the Series E Preferred Stock will be suspended from the New York Stock Exchange ("NYSE") before market open on the Redemption Date. A Form 25 will be filed with the U.S. Securities and Exchange Commission to effect the withdrawal of the listing of the Series E Preferred Stock from the NYSE. The Series E Preferred Stock redemption price is estimated to be $25.540558 per share of Series E Preferred Stock, which is equal to the liquidation preference of $25.00 per share plus $0.540558 per share representing estimated accrued and unpaid dividends to the Redemption Date. On November 6, 2024, the Company issued a press release announcing the Redemption and delisting of the Series E Preferred Stock. A copy of the press release is filed herewith as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following exhibits are being filed with this Current Report on Form 8-K. 99.1 Press Release 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 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. ELLINGTON FINANCIAL INC. Date: November 6, 2024 By: /s/ JR Herlihy JR Herlihy Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR