Impac Mortgage Holdings, Inc. Announces Cancellation of Special Meeting of Series B Preferred Stockholders
September 07 2018 - 3:19PM
Impac Mortgage Holdings, Inc. (the “Company”) today announced that
the Special Meeting of the Company's 9.375% Series B Cumulative
Redeemable Preferred Shares ("Series B Preferred Shares"), which
was scheduled to be held on September 13, 2018, has been cancelled.
On September 5, 2018, the Circuit Court for Baltimore
City granted a stay pending conclusion of the appeal of its July
16, 2018 Judgement Order (the “Judgement Order”) requiring the
Company to hold a special meeting of the Series B Preferred Shares
to elect directors. The Company had filed a notice of an
appeal of the Judgement Order.
For additional information, questions or comments, please
contact Alliance Advisors, LLC at 844-670-2148.
About the Company
Impac Mortgage Holdings, Inc. (IMH or Impac) provides innovative
mortgage lending and warehouse lending solutions, as well as real
estate solutions that address the challenges of today’s economic
environment. Impac’s operations include mortgage and
warehouse lending, servicing, portfolio loss mitigation and real
estate services as well as the management of the securitized
long-term mortgage portfolio, which includes the residual interests
in securitizations.
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