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ARMOUR Raises $34.5M in Public Offering
Posted June 22, 2010
2:23PM PST
The mortgage-backed security focused ARMOUR Residential REIT said last week that it raised $34.5 million in a follow-on stock offering. ARMOUR sold shares at $6.75. It closed today at $6.60.
The company went public in November last year through a merger with the SPAC Enterprise Acquisition Corp.
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