Current Report Filing (8-k)

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 21, 2017

 

FIVE OAKS INVESTMENT CORP.

(Exact name of registrant as specified in its charter)

 

Maryland		001-35845		45-4966519
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification Number)

 

540 Madison Avenue, 19th Floor

New York, New York 10022

(Address of principal executive offices)

 

[phone]

(Registrant’s telephone number, including area code)

 

Not applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ☒   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

  

Item 8.01

Other Events.

 

On June 21, 2017, Five Oaks Investment Corp. (the “Company”) completed the previously-announced underwritten public offering of common stock at a price of $4.60 per share, and issued 4,600,000 shares (including 600,000 shares pursuant to a full exercise of the underwriters' over-allotment option) for net proceeds of approximately $19.8 million, after deducting the underwriting discount and the estimated fees and expenses payable by the Company.

 

The Company, subject to prevailing market conditions at the time of purchase, intends to invest the net proceeds from this offering to purchase Agency RMBS, and for working capital and other general purposes.

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

	Five Oaks Investment Corp.
Date: June 21, 2017	By:	/s/ David Oston
		David Oston
		Chief Financial Officer, Treasurer and Secretary