Five Oaks plans to sell 3.5 million common shares via public offering

Bookrunner JMP and lead manager Ladenburg Thalmann assist with sale

By Devika Patel

Knoxville, Tenn., June 18 – Five Oaks Investment Corp. will sell 3.5 million common shares in its public sale with a 30-day greenshoe of 525,000 additional shares, according to an 8-K filed Wednesday with the Securities and Exchange Commission.

JMP Securities LLC is the bookrunning manager. Ladenburg Thalmann is the lead manager.

Proceeds will be used to purchase mortgage assets.

Five Oaks is a New York-based real estate investment trust focused on investing, financing and managing a portfolio of RMBS and MBS.

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