Chimera Investment Corporation Obtains New York Stock Exchange Listing
NEW YORK -- September 3, 2013
Chimera Investment Corporation (NYSE: CIM) announced today that it has
received an extension for continued listing and trading of the Company’s stock
on the New York Stock Exchange (NYSE).
The extension granted by the NYSE, which is subject to review by the NYSE on
an ongoing basis, provides the Company until January 31, 2014 to file its 2012
Annual Report on Form 10-K with the Securities and Exchange Commission. During
the extension period, trading of the Company’s shares on the NYSE will remain
The Company continues to work diligently to complete the ongoing work towards
becoming current on all of its filings required under applicable securities
laws. The Company will file its Quarterly Report on Form 10-Q for the
quarterly period ending June 30, 2012, and all subsequent unfiled Quarterly
Reports and Annual Report on Form 10-K as soon as practicable.
Chimera Investment Corporation invests in residential mortgage loans,
residential mortgage-backed securities, real estate-related securities and
various other asset classes. The Company’s principal business objective is to
generate income from the spread between yields on its investments and its cost
of borrowing and hedging activities. The Company is a Maryland corporation
that has elected to be taxed as a real estate investment trust (“REIT”).
This press release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These statements are
based on the current beliefs and expectations of the Company’s management and
are subject to significant risks, uncertainties and other factors, including
the impact of the transition to a new independent registered public accounting
firm and the Company’s ability to timely complete the process necessary to
file its quarterly and annual reports for the quarters and year subsequent to
March 31, 2012. The Company does not undertake, and specifically disclaims all
obligation, to publicly release the result of any revisions which may be made
to any forward-looking statements to reflect the occurrence of anticipated or
unanticipated events or circumstances after the date of such statements, see
“Item 1A — Risk Factors” in the Company’s Annual Report on Form 10-K for the
year ended December 31, 2011 and subsequent quarterly report on Form 10-Q.
Chimera Investment Corporation
Investor Relations, 646-454-3759
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