Ellington Residential Rebrands as Ellington Credit Company
Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company" or "EARN") today announced that it has rebranded as Ellington Credit Company as part of its strategic transformation to focus on corporate collateralized loan obligations ("CLOs").
- Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company" or "EARN") today announced that it has rebranded as Ellington Credit Company as part of its strategic transformation to focus on corporate collateralized loan obligations ("CLOs").
- As part of this strategic transformation, we have rebranded EARN as Ellington Credit Company."
- The Company will continue to be listed on the New York Stock Exchange ("NYSE") under its ticker symbol "EARN," and the name change will take effect with NYSE on April 29, 2024.
- The Company's name change does not affect the rights of shareholders, and outstanding share certificates continue to be valid and need not be exchanged.