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Capital Offerings Profile

Company NameARMOUR Residential REIT, Inc.
Offering TypeFollow-On
DescriptionClass A common stock, $0.001 par value
ISINUS0423155078
Currency of IssueUSD
Trading Symbol (Exchange)ARR (NYSE)
 
Announcement Date1/9/2012
Trade Date1/10/2012
Settlement Date1/13/2012
Completion Date1/10/2012
Overallotment Expiration2/12/2012
Lock-up Expiration2/9/2012
Date Overallotment Exercised1/10/2012
Shelf Filing Date4/22/2011
 
144a?No
Mandatory Redemption?No
Convertible?No
Exchange for Existing Issue?No

Use of Proceeds
The net proceeds from this offering will be used to acquire additional target assets in accordance with its objectives and strategies. Until appropriate assets can be identified, ARRM may invest the net proceeds from this offering in interest-bearing short-term investments, including funds that are consistent with its qualification as a REIT. The company may also use a portion of the net proceeds for general corporate purposes. Prior to the time the company has fully used the net proceeds of this offering, it may fund its quarterly cash distributions out of such net proceeds.

Pricing
Offer Price ($)6.80
Gross Amount Offered ($000)61,200
Amount Including Overallotment ($000)70,380
Shares Offered9,000,000
Total Shares Offered10,350,000

Overallotments
Overallotment Amount Available ($000)9,180
Overallotment Shares Available1,350,000
Overallotment Amount Exercised ($000)9,180
Overallotment Shares Exercised1,350,000

UnderwritersShares UnderwrittenAmount Underwritten($000)
Book Manager(s)
  Deutsche Bank Securities Inc.9,000,00061,200

Professionals
Issuer's CounselAkerman LLP
Underwriter's CounselSkadden, Arps, Slate, Meagher & Flom LLP & Affiliates
Auditor(s)EisnerAmper LLP

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