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US IPO market posts mixed results this week as investors remain selective

EFC

The US IPO market saw mixed results this week with seven companies originally scheduled to come to market but only three successfully completing their deals. Two of this week's crop of ...read more

Ellington Financial prices IPO at $22.50, within the range

EFC

Ellington Financial LLC, a specialty finance company that invests in RMBS and derivatives, raised $101 million on Thursday by offering 4.5 million shares at $22.50, within its $22 to $24 proposed range. Ellington Financial LLC plans to list on the NYSE under...read more

Mortgage-related asset manager Ellington Financial sets new IPO terms

EFC

Ellington Financial LLC, a specialty finance company that invests in RMBS and derivatives, announced updated terms for its IPO on Thursday. The Old Greenwich, CT-based company plans to raise $104 million by offering 4.5 million ADSs at a price range of $22-$24....read more

Mortgage-related asset manager Ellington Financial files new amendment for IPO

EFC

Ellington Financial, a specialty finance company that invests in RMBS and derivatives, submitted an amendment to its original IPO filing today. The Old Greenwich, CT-based company had originally planned to offer 7.7 million shares, with 1.1 million coming from...read more