Article: Impac Mortgage Holdings, Inc. Announces Proposed Offering of 3.75 Million Common Shares and 2.0 Million Preferred Shares.

Impac Mortgage Holdings, Inc. , or the "Company," a Maryland corporation taxed as a Real Estate Investment Trust ("REIT"), announced today that it intends to commence a public offering of 3,750,000 Common Shares. At or about the same time, IMH also proposes to offer 2,000,000 Series C Cumulative Redeemable Preferred Shares.

It is contemplated that the underwriters of the common share offering will be granted an option to purchase up to a maximum of 562,500 additional Common Shares to cover over-allotments. It is also contemplated that the underwriters of the preferred share offering will be granted an option to purchase up to a maximum of 300,000 additional ...

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