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Armour Residential REIT prices public offering of 18.5M shares

ARMOUR Residential REIT (ARR) 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. 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 & is acting as sole bookrunner for the offering and BUCKLER Securities 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.

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