Every 424B that Ellington Financial Inc. (EFC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow EFC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EFC filings page.
Ellington Financial Inc. is offering 8,775,000 shares of common stock at $13.50 per share, for gross proceeds of $118,462,500 and net proceeds estimated at about $117.2 million, or $134.9 million if underwriters fully exercise their 1,316,250‑share option.
The company plans to use most of the cash to redeem all 4,600,000 outstanding shares of its Series A preferred stock at $25.00 per share plus unpaid dividends, lowering its exposure to this floating‑rate security. Any remaining funds may support general corporate purposes, including acquiring targeted mortgage and credit assets. Management also estimates preliminary book value per common share between $13.14 and $13.18 as of December 31, 2025, including a previously announced $0.13 dividend.
Ellington Financial Inc. is offering 8,775,000 shares of common stock in a primary underwritten offering, with an option for underwriters to buy up to 1,316,250 additional shares. Based on 115,874,023 shares outstanding as of January 23, 2026, total common shares would rise to 124,649,023, or 125,965,273 if the option is fully exercised. The company plans to use the net proceeds mainly to redeem all 4,600,000 outstanding shares of its Series A preferred stock at $25.00 per share plus accrued dividends, and to deploy any remaining funds for general corporate purposes, including targeted mortgage and credit investments. Management also preliminarily estimates book value per common share at December 31, 2025 in a range of $13.14 to $13.18, which already reflects a declared $0.13 dividend.
Ellington Financial Inc. may offer and sell up to $500,000,000 of common stock under an existing at-the-market equity distribution program. The total program size is $800,000,000, of which about $300,000,000 has already been sold, leaving $500,000,000 available under this prospectus supplement and the accompanying base prospectus.
The company, a mortgage-focused REIT listed on the NYSE under the symbol “EFC,” intends to use net proceeds primarily to acquire its targeted residential and commercial mortgage and related assets, consistent with its investment strategies and REIT and Investment Company Act requirements. Proceeds may also be used for working capital and general corporate purposes. Sales can be made from time to time through multiple agents in negotiated or “at the market” transactions, with the agents earning up to 2.0% of gross sales as compensation.