News & Videos - IMPAC MORTGAGE HLD.

Impac Mortgage Holdings, Inc. (OTC Pink: IMPM) (the “Company” or “we”) announced the results of the Company’s Annual Meeting of Stockholders which took place on Wednesday, June 15, 2023. Information about each of the proposals described below can be found in the proxy statement for the 2023 Annual Meeting of Shareholders which is available at the following location: http://www.viewproxy.com/impaccompanies/2023 . During the Company’s annual meeting, shareholders voted favorably on...

Impac Mortgage Holdings, Inc. (OTC Pink: IMPM), (the "Company" or "Impac"), today announced that following the delisting of its common stock by the NYSE American, LLC on April 27, 2023, its Board of Directors (“Board”) has approved the voluntarily suspension of the Company’s reporting obligations under Section 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company intends to file a Form 15 to immediately effect the suspension of its reporting...

Impac Mortgage Holdings, Inc. (OTC Pink: IMPM) (the “Company” or “we”) announced today that on April 26, 2023, the Company received written notification from the NYSE American, LLC (the “NYSE American”) that the NYSE American has commenced proceedings to delist the Company’s common stock from the exchange. The NYSE American also immediately suspended trading in the Company’s common stock upon such notification. The Company does not intend to appeal the NYSE American’s...

NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Impac Mortgage Holdings, Inc. (the “Company”) — ticker symbol IMH —from the Exchange. Trading in the Company’s common stock on the NYSE American will be suspended immediately. The Company is currently below compliance with the $2 million, $4 million and $6 million stockholders’ equity requirements of...

Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the “Company” or “we”) announces its financial results for the year ended 2022. For the fourth quarter of 2022, the Company reported a net loss of $(11.8) million, or $(0.38) per diluted common share, and adjusted earnings (loss) of $(11.0) million, or $(0.35) per diluted common share, as compared to net earnings of $3.6 million, or $0.15 per diluted common share, and adjusted earnings (loss) of $(5.0) million, or $(0.23) per diluted...

Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the Company) announces the scheduling of a conference call and live webcast on Thursday, March 16, 2023, at 2:00 p.m. P.T. (5:00 p.m. E.T.). We will discuss our year end 2022 financial results, which are expected to be released after the close of market on Thursday, March 16, 2023. Conference Call After the Company’s prepared remarks, management will host a Q&A session to discuss the Company’s financial results and business outlook. To...

Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the “Company”) is providing the following business update: The Company continues to responsibly assess its operating strategies to navigate current market and industry conditions, including business model review and expense reduction initiatives. In December 2022, the Company negotiated a buy-out of its legacy commercial lease for $3.0 million, reducing its office space footprint from 120,000 to 19,000 square feet. The relocation was made...

Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the “Company” or “we”) announced today that, as previously reported, on August 26, 2022, the Company received a notification from the NYSE American LLC (the “NYSE American”) stating that the Company was not in compliance with a certain NYSE American continued listing standard relating to stockholders’ equity. The Company timely submitted a plan on September 26, 2022 to the NYSE American advising of actions the Company intends to...

Following the closing of the previously announced exchange offers, Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the “ Company ”) today announced the redemption of all remaining outstanding shares of the Company’s 9.375% Series B Cumulative Redeemable Preferred Stock, par value $0.01 per share (“ Series B Preferred Stock ”), and the Company’s 9.125% Series C Cumulative Redeemable Preferred Stock, par value $0.01 per share (the “ Series C Preferred Stock ,” and together with...

Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the “Company” or “we”) announces its financial results for the quarter ended September 30, 2022. For the third quarter of 2022, the Company reported a net (loss) of $(13.0) million, or $(0.62) per diluted common share, and an adjusted (loss) of $(12.6) million or $(0.59) per diluted common share, as compared to net earnings of $2.1 million, or $0.08 per diluted common share, and adjusted earnings of $810 thousand, or $0.04 per diluted...

Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the Company), announces the scheduling of a conference call and live webcast on Friday, November 11, 2022, at 6:00 a.m. P.T. (9:00 a.m. E.T.). We will discuss our third quarter 2022 financial results, which are expected to be released after the close of market on Thursday, November 10, 2022. Conference Call After the Company’s prepared remarks, management will host a Q&A session to discuss the Company’s financial results and business...

Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the “ Company ”) today announced it intends to redeem all outstanding shares of the Company’s 9.375% Series B Cumulative Redeemable Preferred Stock, par value $0.01 per share (CUSIP: 45254P300) (“ Series B Preferred Stock ”), and all outstanding shares of the Company’s 9.125% Series C Cumulative Redeemable Preferred Stock, par value $0.01 per share (CUSIP: 45254P409) (the “ Series C Preferred Stock ,” and together with the...

Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the “ Company ”) today announced the completion of its previously announced offers to each holder of the Company’s 9.375% Series B Cumulative Redeemable Preferred Stock, par value $0.01 per share (“ Series B Preferred Stock ”) and each holder of the Company’s 9.125% Series C Cumulative Redeemable Preferred Stock, par value $0.01 per share (the “ Series C Preferred Stock ,” and together with the Series B Preferred Stock, the “...

Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the “ Company ”) today announced that the holders of the Company’s Common Stock, par value $0.01 per share (“ Common Stock ”), approved the proposals that were conditions to the closing of the previously announced offers to each holder of the Company’s 9.375% Series B Cumulative Redeemable Preferred Stock, par value $0.01 per share (“ Series B Preferred Stock ”), and each holder of the Company’s 9.125% Series C Cumulative...

Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the “ Company ”) today announced that the Company’s Board of Directors determined that the Company will issue shares of the Company’s 8.25% Series D Cumulative Redeemable Preferred Stock, par value $0.01 per share (“ New Preferred Stock ”), in lieu of the cash portion of the consideration to be paid to the holders of the Company’s 9.375% Series B Cumulative Redeemable Preferred Stock, par value $0.01 per share (“ Series B...

Notice of Class Certification in the Impac Mortgage Holdings, Inc. Class Action PR Newswire BALTIMORE, Sept. 19, 2022 BALTIMORE , Sept. 19, 2022 /PRNewswire/ -- The following statement is being issued by Tydings & Rosenberg LLP regarding the Impac Mortgage Holdings, Inc. Class Action: CURTIS J. TIMM, et al. , IN THE Plaintiffs, CIRCUIT COURT v. FOR BALTIMORE CITY IMPAC MORTGAGE HOLDINGS, INC., et al. , Case No. 24-C-11-008391 Defendant. SUMMARY OF THE TERMS OF THE CLASS CERTIFICATION ORDER TO:...

Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the “ Company ” or “ we ”), today announced that it has commenced exchange offers (the “ Exchange Offers ”) and a consent solicitation (the “ Consent Solicitation ”) relating to its outstanding shares of 9.375% Series B Cumulative Redeemable Preferred Stock, par value $0.01 per share (“ Series B Preferred Stock ”), and its outstanding shares of 9.125% Series C Cumulative Redeemable Preferred Stock, par value $0.01 per share...

Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the “Company” or “we”) announced today that on August 26, 2022 it received notice from NYSE American LLC (“NYSE American”) that it is not in compliance with the continued listing standard set forth in Sections 1003(a)(ii) and 1003(a)(iii) of the NYSE American Company Guide (the “Company Guide”). These sections apply, respectively, if a listed company has stockholders’ equity of less than $4 million and has reported losses from...

Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the “Company” or “we”) announces its financial results for the quarter ended June 30, 2022. For the second quarter of 2022, the Company reported a net (loss) of $(13.5) million, or $(0.64) per diluted common share, and an adjusted (loss) of $(15.4) million or $(0.71) per diluted common share, as compared to a net (loss) of $(8.9) million, or $(0.42) per diluted common share, and an adjusted (loss) of $(6.9) million, or $(0.32) per...

Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the Company), announces the scheduling of a conference call and live webcast on Friday, August 12, 2022, at 6:00 a.m. P.T. (9:00 a.m. E.T.). We will discuss our second quarter 2022 financial results, which are expected to be released after the close of market on Thursday, August 11, 2022. Conference Call After the Company’s prepared remarks, management will host a Q&A session to discuss the Company’s financial results and business outlook....