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Capital Offerings Profile

Company NameJAVELIN Mortgage Investment Corp.
Offering TypeCommon Stock - Other
DescriptionCommon stock, $0.001 par value
Currency of IssueUSD
Trading Symbol (Exchange)JMI (NYSE)
Announcement Date2/7/2014
Completion Date12/5/2014
Shelf Filing Date11/1/2013
Mandatory Redemption?No
Exchange for Existing Issue?No

Use of Proceeds
The company intends to use net proceeds from this offering to acquire target assets in accordance with its objectives and strategies. Company's focus will be on purchasing agency mortgage-backed securities, non-agency mortgage-backed securities and other mortgage-related investments, subject to its investment guidelines and REIT qualification requirements. Until appropriate assets can be identified, ARRM which is company's external manager may invest the net proceeds from this offering in interest-bearing short-term investments, including funds that are consistent with company's qualification as a REIT. The company may also use a portion of the net proceeds for general corporate purposes. Prior to the time company have fully used the net proceeds of this offering, it may fund monthly cash distributions out of such net proceeds.

Offer Price ($)12.61
Gross Amount Offered ($000)404
Amount Including Overallotment ($000)404
Shares Offered32,000
Total Shares Offered32,000

Underwriting Fees
Gross Spread ($)0.25
Gross Spread (%)2.00

UnderwritersShares UnderwrittenAmount Underwritten($000)
  J.P. Morgan Securities LLC32,000404

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

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