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.
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
jmoisio@impaccompanies.com. Web site: www.impaccompanies.com
SOURCE Impac Mortgage Holdings, Inc.
CONTACT:
Justin Moisio
of Impac Mortgage Holdings, Inc.,
+1-949-475-3988,
jmoisio@impaccompanies.com
Web Site: http://www.impaccompanies.com
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