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ARMOUR Residential REIT, Inc. Announces Pricing of Public Offering of 18,500,000 Shares of Common Stock

VERO BEACH, Florida, Aug. 06, 2025 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced that it has priced an underwritten public offering of 18,500,000 shares of its common stock for total estimated gross proceeds of approximately $302,475,000 (or approximately $347,846,250 if the option to purchase additional shares is exercised in full). ARMOUR has granted the underwriters a 30-day option to purchase up to 2,775,000 additional shares of its common stock. Settlement of the offering is subject to customary closing conditions and is expected to occur on or about August 7, 2025.

Goldman Sachs & Co. LLC is acting as sole bookrunner for the offering and BUCKLER Securities LLC is acting as co-manager for the offering. The Company intends to use the net proceeds of the offering to acquire additional mortgage-backed securities and other mortgage-related assets in accordance with our objectives and strategies described in our SEC filings.

A registration statement relating to the offered securities has been filed with the Securities and Exchange Commission (the "SEC") and became effective automatically upon filing. The offering is being made by means of a prospectus supplement and an accompanying base prospectus. Before investing in the offering, prospective investors should read the final prospectus supplement and the accompanying base prospectus which will be ...