From 8-K just filed.
On February 25, 2013, the Company issued and sold 34,500,000 shares of Common Stock pursuant to the Offering. The net proceeds to the Company from the Offering were approximately $280.2 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by the Company.
280.2/34.5 = 8.1217 minus 18 cent dividend = 7.9417. I was pretty close.
280/ 825 for pending deal =33.9%. Hamo may put 40% in and borrow 60% to make borrowing easier and cheaper.
Look at the Distribution Policy in the 424(b)(5):
On February 13, 2013, we declared a quarterly dividend of $0.18 per share of common stock. The dividend is expected to be paid on March 1, 2013 to the stockholders of record as of the close of business on February 25, 2013. Investors in this offering who continue to hold shares of common stock purchased in this offering on the record date will be entitled to receive this dividend with respect to the shares purchased in this offering.
Bottom line is NRF gets $8.13 - 0.18 - further fees. How this underwriter/broker thing actually works (e.g. short sales) is not material to this bottom line.