Orchid Island Capital, Inc. Announces Pricing of Public Offering of Common Stock
Vinson & Elkins advised Orchid Island Capital, Inc. in connection with an underwritten public offering of 8,000,000 shares of its common stock for gross proceeds of approximately $44.4 million.
The offering is expected to close on March 5, 2021, subject to customary closing conditions.
The V&E corporate team was led by partner Greg Cope, with assistance from associates Bekah Briggs and Austin Scieszinski. Advising on tax matters were partner Chris Mangin, senior associate Paige Anderson and associate Maddie Brown.
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