EARN 424B3: Shelf registration

Ellington Credit Company

Filed with the SEC on · accession 0001628280-26-067117

EARN filed a 424B3 (prospectus (offering)) with the SEC on Oct 26, 2026. Ellington Credit Company filed a prospectus supplement for an at-the-market (ATM) offering program allowing it to sell up to $125 million of common shares through agents Citizens JMP Securities, B. The stock moved +2.8% by the first close after the filing.

Summary of the filing

Ellington Credit Company filed a prospectus supplement for an at-the-market (ATM) offering program allowing it to sell up to $125 million of common shares through agents Citizens JMP Securities, B. Riley Securities, Lucid Capital Markets, and Armstrong Securities. The shares are listed on the NYSE under the ticker EARN.

Key details

Maximum aggregate offering price of common shares under ATM program$125.0M
Agent compensation as percentage of gross proceeds$2
IssuerEllington Credit Company
Investment adviserEllington Credit Company Management LLC
Parent of adviserEllington Management Group, L.L.C.
AgentCitizens JMP Securities, LLC
AgentB. Riley Securities, Inc.
AgentLucid Capital Markets, LLC
AgentArmstrong Securities LLC

How EARN stock reacted

Close before

$3.63

Oct 23, 2026

First close after

+2.75%

$3.73

5 trading days

-4.13%

$3.48

Since filing

-13.22%

$3.15

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Frequently asked questions

What did EARN file with the SEC on Oct 26, 2026?

EARN filed a 424B3 (Shelf registration). Ellington Credit Company filed a prospectus supplement for an at-the-market (ATM) offering program allowing it to sell up to $125 million of common shares through agents Citizens JMP Securities, B. Riley Securities, Lucid Capital Markets, and Armstrong Securities. The shares are listed on the NYSE under the ticker EARN.

What does a shelf registration mean for EARN stock?

New shares dilute existing holders and are often sold at a discount to the market price.

How do I read a 424B3?

The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B3 (prospectus (offering)): The final terms of an offering of shares or bonds.

How did EARN stock react to this filing?

EARN closed at $3.63 before the filing and $3.73 on Oct 26, 2026 (+2.75%). Five trading days later: $3.48 (-4.13%).

Other EARN SEC filings

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