Impac Mortgage Holdings, Inc. Provides Update of Previously Reported Reverse Stock Split
10 January 2009 - 8:57AM
PR Newswire (US)
IRVINE, Calif., Jan. 9 /PRNewswire-FirstCall/ -- Impac Mortgage
Holdings, Inc. (Pink Sheets: IMPH), or the "Company," a Maryland
corporation, being taxed as a real estate investment trust
("REIT"), announces that its previously reported 1-for-10 reverse
stock split will begin to trade on a split-adjusted basis at the
open of business on January 12, 2009. At that time the security
will be traded-over-the-counter under the new ticker symbol "IMPM"
and the new CUSIP number 45254P 508. (Logo:
http://www.newscom.com/cgi-bin/prnh/20070305/LAM033LOGO) About the
Company Impac Mortgage Holdings, Inc. is a mortgage REIT, which
through its Long Term Investment Operations is primarily invested
in non-conforming Alt A mortgage loans (Alt-A) and to a lesser
extent small balance commercial and multi-family loans. The Company
is organized as a REIT for tax purposes, which generally allows it
to pass through earnings to stockholders without federal income tax
at the corporate level. For additional information, questions or
comments, please call Justin Moisio in Investor Relations at (949)
475-3988 or email . Web site: http://www.impaccompanies.com/
http://www.newscom.com/cgi-bin/prnh/20070305/LAM033LOGO
http://photoarchive.ap.org/ DATASOURCE: Impac Mortgage Holdings,
Inc. CONTACT: Justin Moisio of Impac Mortgage Holdings, Inc.,
+1-949-475-3988, Web Site: http://www.impaccompanies.com/
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