Dynex Capital prices 99.3M-share offering at $12.64/share, raising $1.26B for investments

Filed July 28, 2026 · ~1 min read

Key Changes

• high

  Dynex Capital is offering 99,326,438 shares at $12.64 per share (the July 27, 2026 NYSE closing price), a primary offering with all proceeds going to the company.

  The Offering verify on EDGAR →
• high

  The offering will increase shares outstanding to 347.5M from 248.2M, representing approximately 40% dilution to existing shareholders.

  The Offering verify on EDGAR →
• medium

  Proceeds will be used to acquire additional investments consistent with the company's investment policy and for general corporate purposes including repayment of maturing debt, capital expenditures, and working capital.

  Use of Proceeds verify on EDGAR →