|Bid||0.00 x 2900|
|Ask||0.00 x 2200|
|Day's Range||10.87 - 11.05|
|52 Week Range||9.90 - 11.05|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||314.29|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Trinity Merger Corp. (Nasdaq: TMCX, TMCXW, TMCXU) (“Trinity”) and the Broadmark real estate lending companies (“Broadmark”) today announced the completion of their previously announced business combination. In connection with the completion of the business combination, the combined company was renamed Broadmark Realty Capital Inc. (“Broadmark Realty”). Broadmark Realty’s common stock is expected to begin trading on the New York Stock Exchange on November 15, 2019 under the ticker symbol “BRMK”, and its warrants, exercisable for one-quarter of one share at an exercise price of $2.875 per one-quarter share ($11.50 per whole share), are expected to begin trading on that date on the NYSE Amex under the ticker symbol “BRMK WS”.
Trinity Merger Corp. (Nasdaq: TMCX, TMCXW, TMCXU) (“Trinity”) and the Broadmark real estate lending companies (“Broadmark”) today announced that Trinity’s stockholders and Broadmark’s members have approved the proposed business combination among Trinity and Broadmark. Trinity further announced that Trinity’s warrant holders approved the previously-announced amendment to Trinity’s public warrants.
Trinity Merger Corp. (Nasdaq: TMCX, TMCXW, TMCXU) (“Trinity”) and the Broadmark real estate lending companies (“Broadmark,” and together the “Companies”) today announced that David Schneider will join Broadmark Realty Capital Inc. (“Broadmark Realty”) as Executive Vice President and Chief Financial Officer effective December 9, 2019. The Companies also announced that David Karp and Norma Lawrence will join Broadmark Realty’s Board of Directors.
Trinity Merger Corp. (Nasdaq: TMCX, TMCXW, TMCXU) (“Trinity”) and the Broadmark real estate lending companies announced today that they have set the dates for their respective special meetings relating to the previously announced business combination (the “Business Combination”) by and among Trinity and its wholly owned subsidiaries and PBRELF I, LLC, BRELF II, LLC, BRELF III, LLC, BRELF IV, LLC, and their respective management companies (collectively, with PBRELF I, LLC, BRELF II, LLC, BRELF III, LLC, BRELF IV, LLC, “Broadmark”).
Presented by Winston & Strawn LLP and ICR Inc. While Wall Street groaned over the struggles of Uber Technologies, Inc., Lyft, Inc., and WeWork parent The We Company in recent months, a cousin of the traditional IPO has flourished, often delivering a healthy exit for private owners and strong aftermarket trading for public […]
Trinity Merger Corp. to Combine with Broadmark to Create Listed Mortgage REIT By John Jannarone From Travel-as-a-Service to Space-as-as-Service, the IPO market has been dominated by big promises and little profits in 2019. For those seeking a new listing with a track record of steady returns, there is an appealing choice on the menu. Meet […]
The market has been volatile in the last 6 months as the Federal Reserve continued its rate hikes and then abruptly reversed its stance and uncertainty looms over trade negotiations with China. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF […]