New York Mortgage Trust Announces Redemption of 7.75% Series B Cumulative Redeemable Preferred Stock
NEW YORK, Nov. 18, 2021 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that it intends to redeem all 3,156,087 of the outstanding shares of the Company’s 7.75% Series B Cumulative Redeemable Preferred Stock, par value $0.01 per share (the “Series B Preferred Stock”), on December 18, 2021 (the “Redemption Date”).