$DX·8-K

DYNEX CAPITAL INC · Apr 28, 8:30 AM ET

Compare

DYNEX CAPITAL INC 8-K

Research Summary

AI-generated summary

Updated

Dynex Capital Amends ATM Sales Agreement, Adds Goldman Sachs & Morgan Stanley

What Happened

  • On April 28, 2026 Dynex Capital, Inc. filed an 8-K (Item 1.01) announcing Amendment No. 9 to its distribution agreement (originally dated June 29, 2018). The amendment updates the agreement’s definition of “Agent(s)” to add Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC as sales agents for the company’s at‑the‑market (ATM) offerings under Rule 415(a)(4).

Key Details

  • Amendment No. 9 effective April 28, 2026; it amends the existing distribution agreement (with prior amendments).
  • Adds Goldman Sachs and Morgan Stanley to the list of Sales Agents authorized to sell Dynex common stock in ATM transactions.
  • Sales Agents (and their affiliates) may provide investment banking, brokerage and other services; Dynex has paid, and expects to pay, customary fees and commissions.
  • The full amendment is filed as Exhibit 10.1 to the 8-K.

Why It Matters

  • For investors, this is a corporate finance/ capital markets update: adding two large investment banks as authorized ATM sales agents can broaden Dynex’s distribution channels and execution capacity when it sells shares through its ATM program.
  • The filing does not state any new share amounts, pricing, or immediate sales — it simply expands the group of firms authorized to execute future ATM sales, and notes customary fees will apply.

Loading document...