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Vinson & Elkins served as issuer’s counsel in connection with Ellington Financial Inc.’s underwritten public offering of 4,000,000 shares of 8.625% Series C Fixed-Rate Reset Cumulative Redeemable Preferred Stock, with a liquidation preference of $25.00 per share, for gross proceeds of $100 million before deducting underwriting discounts and estimated offering expenses.

Vinson & Elkins advised Sandpiper Lodging Trust in the acquisition of five operating extended stay hotels through mergers of two private investment funds managed by an affiliate of Sandpiper Lodging Trust’s sponsor into Sandpiper Lodging Trust’s operating partnership subsidiary.

The online application for Vinson & Elkins’ 2023 Summer Associate Program opened November 1 for first-year law students (class of 2024) in the U.S. Students should apply here as soon as possible before the end of the year, and are also encouraged to indicate interest in the firm’s Diversity Fellowship within the application.

Vinson & Elkins advised Stronghold Digital Mining, Inc. (the “Company”) in a private placement transaction with each an institutional investor and the Company’s co-chairman and chief executive officer, Greg Beard, in the sale and issuance of 2,274,350 and 602,409 shares of Class A common stock at a purchase price of $1.60 and $1.66, respectively, pre-funded warrants to purchase 2,725,650 shares and warrants to purchase an aggregate 5,602,409 shares.

Vinson & Elkins served as underwriters’ counsel in connection with NETSTREIT Corp.’s public offering of 9,000,000 shares of its common stock at a price to the public of $20.20 per share.

Vinson & Elkins advised Lexicon Pharmaceuticals, Inc. in connection with an underwritten public offering of 16,843,600 shares of its common stock at a public offering price of $2.50 per share.

A new report from Vinson & Elkins, Real Estate Opportunities in the Energy Transition, shines a spotlight on the role the real estate industry plays as countries and companies focus on building a greener economy to mitigate the effects of global climate change.

Vinson & Elkins advised Ellington Financial Inc. in the private offering of $210 million in aggregate principal amount of 5.875% senior unsecured notes due April 2027.

Vinson & Elkins served as underwriters’ counsel in connection with NETSTREIT Corp.’s public offering of 9,000,000 shares of its common stock at a price to the public of $22.25 per share.

Vinson & Elkins served as special tax counsel to Bluerock Residential Growth REIT, Inc. (“BRG”) in connection with BRG’s acquisition by affiliates of Blackstone Real Estate, a transaction valued at $3.6 billion.

Vinson & Elkins advised Ellington Financial Inc. in connection with an underwritten public offering of 4,400,000 shares of 6.250% Series B Fixed-Rate Reset Cumulative Redeemable Preferred Stock, with a liquidation preference of $25.00 per share, for gross proceeds of $110 million before deducting underwriting discounts and estimated offering expenses.

Vinson & Elkins advised New York Mortgage Trust, Inc. in a public offering of 3,000,000 shares of its 7.000% Series G Cumulative Redeemable Preferred Stock, liquidation preference $25.00 per share, for gross proceeds of $75 million.