Month: September 2026

VERO BEACH, Fla., Sept. 14, 2026 (GLOBE NEWSWIRE) — Bimini Capital Management, Inc. (OTCQX: BMNM), (“Bimini Capital,” “Bimini,” or the “Company”), today announced that Richard Parry has joined the board of directors as a Class II director with his term expiring in 2029.  Mr. Parry is currently the President and Chief Investment Officer of Tom Johnson Investment Management, LLC (“TJIM”), an 80%-owned subsidiary of the Company acquired earlier this year. A trust affiliated with Mr. Parry retains an equity interest in TJIM. Mr. Parry entered into an employment agreement with TJIM in connection with the TJIM Acquisition.

Commenting on the appointment, Robert E. Cauley, Chairman and Chief Executive Officer of the Company, stated “We are very happy that Richard has joined our board.  TJIM was a very important acquisition for the Company, and his presence on the board demonstrates our commitment to growing and diversifying our asset management endeavors.”

As an employee of the Company, Mr. Parry will not be separately compensated for his service as director; however, he may be reimbursed for out-of-pocket expenses incurred in attending conferences or educational seminars that relate to his Board service, consistent with the Company’s practice. Mr. Parry is not expected to serve on a committee of the Board at this time.

Forward Looking Statements

Statements herein relating to matters that are not historical facts are forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. The reader is cautioned that such forward-looking statements are based on information available at the time and on management’s good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in such forward-looking statements. Important factors that could cause such differences are described in Bimini Capital Management, Inc.’s filings with the Securities and Exchange Commission, including Bimini Capital Management, Inc.’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Bimini Capital Management, Inc. assumes no obligation to update forward-looking statements to reflect subsequent results, changes in assumptions or changes in other factors affecting forward-looking statements, except as may be required by applicable law.

CONTACT:
Bimini Capital Management, Inc.
Robert E. Cauley, 772-231-1400
Chairman and Chief Executive Officer
https://ir.biminicapital.com

Yatra Board Has Unanimously Recommended That Yatra Shareholders NOT Tender Their Shares Into Magna’s Offer

Offer of $1.10 Per Share Substantially Undervalues the Company and Is an Attempt to Opportunistically Capitalize on the Current Trading Price and Buy De Facto Control of the Company

Gurugram, India and New York, Sept. 14, 2026 (GLOBE NEWSWIRE) — Yatra Online, Inc. (NASDAQ: YTRA) (“Yatra” or the “Company”), India’s leading corporate travel services provider and one of India’s leading online travel companies, today issued the following statement regarding Magna Holdings Ltd.’s (“Magna”) extension of its unsolicited partial tender offer to acquire up to 20,000,000 ordinary shares of the Company for $1.10 per share in cash, less any applicable withholding taxes and without interest:

Yatra’s Board of Directors (the “Board”) has unanimously concluded that Magna’s unsolicited partial tender offer (the “Offer”) is inadequate, undervalues the Company and is not in the best interests of Yatra and its shareholders. The Board believes that the Offer is below the intrinsic value of the Company and an attempt by Magna to opportunistically capitalize on the current trading price for the shares rather than to compensate shareholders for the underlying value of the Company.

Nothing in Magna’s recent amendment to the Offer changes the Board’s conclusion. The Offer does not reflect a compelling premium, particularly in light of the ownership position of up to approximately 31% of the outstanding shares, and the influence over the Company, that Magna seeks.

Magna still has not told shareholders who it is, including who controls Magna and who has supplied its financing. Magna’s amended filings identify only three individuals: Anita Mitesh Master, a British citizen described only as Magna’s “Director of Operations,” and two newly disclosed directors, Tanuja Nair and Bibi Nafichia Auckbaraullee, both citizens of Mauritius whose only stated occupation is serving as directors of Magna. Magna’s filings provide no professional background for any of them, including no indication that any of them have experience in online travel, in the Indian travel industry or in operating or investing in a public company. Magna is also a recently formed entity with no operating history that has provided no financial statements and no meaningful information from which shareholders could assess its ability to pay for the shares or the characteristics of the persons that will attempt to exercise de facto control over the Company.

We appreciate the support we have received and continue to encourage all Yatra shareholders not to tender their shares into the Offer. We similarly encourage those who have tendered to withdraw their shares.

H.C. Wainwright & Co., LLC is acting as financial advisor to Yatra and Goodwin Procter LLP is serving as legal counsel to Yatra.

About Yatra Online, Inc.

Yatra Online, Inc. is the ultimate parent company of Yatra Online Limited, a public listed company on the NSE and BSE (hereinafter referred to as “Yatra India”), whose corporate office is based in Gurugram, India. Yatra India is India’s largest corporate travel services provider in terms of number of corporate clients with over 1,340 large corporate customers and approximately 60,750 registered SME customers and the second-largest player in the TMC and corporate OTA segment in the country in terms of market share for fiscal year 2024 (Videc report). Leisure and business travelers use Yatra India’s mobile applications, its website, www.yatra.com, and its other offerings and services to explore, research, compare prices and book a wide range of travel-related services. These services include domestic and international air ticketing on nearly all Indian and international airlines, as well as bus ticketing, rail ticketing, cab bookings and ancillary services within India. With approximately 81,500 hotels and homestays in approximately 1,550 cities and towns in India as well as more than 2.9 million hotels around the world, Yatra India has the largest hotels inventory amongst key Indian OTA players.

Forward-Looking Statements

This release contains information that may constitute forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements can be identified by the fact that they do not relate strictly to historic or current facts and often use words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “outlook,” “project,” “seek,” “should,” “will” and other words and expressions of similar meaning and include statements regarding the purpose, adoption and objective of the Rights Agreement. Investors are cautioned not to place undue reliance on forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, but not limited to, risks relating to the purpose, adoption and objective of the Rights Agreement, as well as those set forth in the “Risk Factors” section of the Company’s Annual Report on Form 20-F for the fiscal year ended March 31, 2026 and subsequent filings with the SEC. The Company may not succeed in addressing these and other risks. Consequently, all forward-looking statements in this release are qualified by the factors, risks and uncertainties contained therein. In addition, the forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point, the Company specifically disclaims any obligation to do so, other than as required by applicable securities laws. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of this release.

Important Information for Investors and Shareholders

This press release does not constitute an offer to buy or a solicitation of an offer to sell any securities. The Company has filed a solicitation/recommendation statement on Schedule 14D-9 with the SEC (available here). Any solicitation/recommendation statement filed by the Company that is required to be mailed to shareholders will be mailed to shareholders. THE COMPANY’S INVESTORS AND SHAREHOLDERS ARE STRONGLY ENCOURAGED TO READ THE COMPANY’S SOLICITATION/RECOMMENDATION STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and shareholders may obtain a copy of the solicitation/recommendation statement on Schedule 14D-9, any amendments or supplements thereto and other documents filed by the Company with the SEC at no charge at the SEC’s website at www.sec.gov. Copies will also be available at no charge by clicking the “SEC Filings” link in the “Financial Information” section of the Company’s website, https://investors.yatra.com, or by contacting ir@yatra.com as soon as reasonably practicable after such materials are electronically filed with, or furnished to, the SEC.

Contact

Michael Fein
Campaign Management
+1 (844) 264-9255 (Shareholders)
+1 (212) 632-8422 (Banks and Brokers)

• September 2026 Monthly Dividend of $0.10 Per Share of Common Stock
• RMBS Portfolio Characteristics as of August 31, 2026
• Next Dividend Announcement Expected October 14, 2026

VERO BEACH, Fla., Sept. 14, 2026 (GLOBE NEWSWIRE) — Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend for the month of September 2026. The dividend of $0.10 per share will be paid October 29, 2026 to holders of record of the Company’s common stock on September 30, 2026, with an ex-dividend date of September 30, 2026. The Company plans on announcing its next common stock dividend on October 14, 2026.

The Company intends to make regular monthly cash distributions to its holders of common stock. In order to qualify as a real estate investment trust (“REIT”), the Company must distribute annually to its stockholders an amount at least equal to 90% of its REIT taxable income, determined without regard to the deduction for dividends paid and excluding any net capital gain. The Company will be subject to income tax on taxable income that is not distributed and to an excise tax to the extent that a certain percentage of its taxable income is not distributed by specified dates. The Company has not established a minimum distribution payment level and is not assured of its ability to make distributions to stockholders in the future.

As of September 14, 2026, the Company had 197,407,315 shares of common stock outstanding. As of August 31, 2026, the Company had 198,407,315 shares of common stock outstanding. As of June 30, 2026, the Company had 199,603,438 shares of common stock outstanding.

RMBS Portfolio Characteristics

Details of the RMBS portfolio as of August 31, 2026 are presented below. These figures are preliminary and subject to change. The information contained herein is an intra-quarter update created by the Company based upon information that the Company believes is accurate:

• RMBS Valuation Characteristics
• RMBS Assets by Agency
• Investment Company Act of 1940 (Whole Pool) Test Results
• Repurchase Agreement Exposure by Counterparty
• RMBS Risk Measures

About Orchid Island Capital, Inc.

Orchid Island Capital, Inc. is a specialty finance company that invests on a leveraged basis in Agency RMBS. Our investment strategy focuses on, and our portfolio consists of, two categories of Agency RMBS: (i) traditional pass-through Agency RMBS, such as mortgage pass-through certificates and collateralized mortgage obligations issued by Fannie Mae, Freddie Mac or Ginnie Mae, and (ii) structured Agency RMBS. The Company is managed by Bimini Advisors, LLC, a registered investment adviser with the Securities and Exchange Commission.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements include, but are not limited to, statements about the Company’s distributions. These forward-looking statements are based upon Orchid Island Capital, Inc.’s present expectations, but these statements are not guaranteed to occur. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes, please refer to the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025.

RMBS Valuation Characteristics
($ in thousands)
																																						Realized
																																		Realized				Jun-26 –
																																		Aug-26				Aug-26
																		Net												Weighted				CPR				CPR
																		Weighted												Average				(1-Month)				(3-Month)				Modeled Interest
		Current				Fair				% of				Current				Average												Maturity				(Reported				(Reported				Rate Sensitivity (1)
Type		Face				Value				Portfolio				Price				Coupon				GWAC				Age				(Months)				in September)				in September)				(-50 BPS)				(+50 BPS)
Fixed Rate RMBS
30yr 3.0		$	310,053			$	268,632				2.41	%			86.64				3.00	%			3.52	%			64				288				6.1	%			7.3	%		$	8,196			$	(8,337	)
30yr 3.5			36,279				32,370				0.29	%			89.23				3.50	%			4.30	%			83				257				16.1	%			12.7	%			971				(987	)
30yr 4.0			46,672				43,290				0.39	%			92.75				4.00	%			4.77	%			87				268				9.8	%			8.5	%			1,166				(1,200	)
30yr 4.5			430,295				407,161				3.65	%			94.62				4.50	%			5.46	%			32				323				4.6	%			6.2	%			9,708				(10,522	)
30yr 5.0			2,142,609				2,077,919				18.63	%			96.98				5.00	%			6.00	%			15				341				4.4	%			4.5	%			45,924				(51,221	)
30yr 5.5			3,975,481				3,965,569				35.55	%			99.75				5.50	%			6.45	%			15				341				5.6	%			6.2	%			74,189				(85,799	)
30yr 6.0			2,984,967				3,042,213				27.27	%			101.92				6.00	%			6.92	%			20				334				9.3	%			10.6	%			42,934				(52,877	)
30yr 6.5			1,207,899				1,254,814				11.25	%			103.88				6.50	%			7.39	%			22				332				18.4	%			20.8	%			13,254				(17,168	)
30yr 7.0			48,305				50,890				0.46	%			105.35				7.00	%			7.91	%			33				320				6.2	%			28.9	%			565				(687	)
Total Pass-Through RMBS			11,182,560				11,142,858				99.90	%			99.64				5.53	%			6.46	%			20				335				7.8	%			8.9	%			196,907				(228,798	)
Total Structured RMBS			79,795				11,596				0.10	%			14.53				3.40	%			4.59	%			141				202				3.4	%			7.3	%			(30	)			23
Total Mortgage Assets		$	11,262,355			$	11,154,454				100.00	%							5.52	%			6.45	%			21				334				7.7	%			8.9	%		$	196,877			$	(228,775	)

					Hedge		Modeled Interest
		Notional			Period		Rate Sensitivity (1)
Hedge		Balance			End		(-50 BPS)				(+50 BPS)
3-Month SOFR Futures		$	(390,000	)	Jan-27		$	(1,609	)		$	1,609
10-Year Treasury Future(2)			(358,600	)	Aug-33			(11,208	)			10,816
10-Year Ultra Treasury Future(3)			(60,000	)	May-36			(2,541	)			2,438
ERIS SOFR Swap Futures			(10,000	)	Sep-31			(172	)			168
Swaps			(8,114,200	)	Apr-31			(164,719	)			159,233
Swaptions			(1,000,000	)	Dec-31			(5,815	)			5,903
TBA Short			(344,900	)	Sep-26			(7,156	)			8,291
Hedge Total		$	(10,277,700	)			$	(193,220	)		$	188,458
Rate Shock Grand Total							$	3,657			$	(40,317	)

(1)		Modeled results from Citigroup Global Markets Inc. Yield Book. Interest rate shocks assume instantaneous parallel shifts and horizon prices are calculated assuming constant SOFR option-adjusted spreads. These results are for illustrative purposes only and actual results may differ materially.
(2)		Ten-year Treasury futures contracts were valued at prices of $107.66 at August 31, 2026. The market value of the short position was $386.1 million.
(3)		Ten-year Ultra Treasury futures contracts were valued at prices of $109.42 at August 31, 2026. The market value of the short position was $65.7 million.

RMBS Assets by Agency
($ in thousands)
						Percentage
		Fair				of
Asset Category		Value				Portfolio
As of August 31, 2026
Fannie Mae		$	5,815,095				52.1	%
Freddie Mac			5,339,359				47.9	%
Total Mortgage Assets		$	11,154,454				100.0	%

Investment Company Act of 1940 Whole Pool Test
($ in thousands)
						Percentage
		Fair				of
Asset Category		Value				Portfolio
As of August 31, 2026
Non-Whole Pool Assets		$	441,316				4.0	%
Whole Pool Assets			10,713,138				96.0	%
Total Mortgage Assets		$	11,154,454				100.0	%

Borrowings By Counterparty
($ in thousands)
										Weighted				Weighted
						% of				Average				Average
		Total				Total				Repo				Maturity			Longest
As of August 31, 2026		Borrowings				Debt				Rate				in Days			Maturity
StoneX Financial Inc.		$	484,749				4.5	%			3.79	%			20		9/23/2026
Citigroup Global Markets Inc			471,155				4.4	%			3.77	%			16		9/21/2026
Hidden Road Partners Civ US LLC			468,629				4.4	%			3.76	%			3		9/10/2026
ABN AMRO Bank N.V.			461,948				4.3	%			3.73	%			3		9/4/2026
ASL Capital Markets Inc.			458,821				4.3	%			3.77	%			18		9/21/2026
Marex Capital Markets Inc.			456,508				4.3	%			3.76	%			28		9/28/2026
J.P. Morgan Securities LLC			439,145				4.1	%			3.76	%			3		9/3/2026
South Street Securities, LLC			435,275				4.1	%			3.76	%			20		11/13/2026
The Bank of Nova Scotia			434,728				4.1	%			3.76	%			7		9/17/2026
Cantor Fitzgerald & Co			410,786				3.8	%			3.78	%			8		9/8/2026
DV Securities, LLC Repo			403,125				3.8	%			3.77	%			9		9/17/2026
Banco Santander SA			402,148				3.8	%			3.85	%			43		10/13/2026
Daiwa Securities America Inc.			399,315				3.7	%			3.80	%			20		9/23/2026
Clear Street LLC			395,150				3.7	%			3.76	%			17		9/17/2026
Goldman, Sachs & Co			381,512				3.6	%			3.77	%			3		9/3/2026
Wells Fargo Securities, LLC			381,664				3.6	%			3.79	%			24		9/24/2026
ING Financial Markets LLC			348,001				3.3	%			3.76	%			14		9/14/2026
RBC Capital Markets, LLC			339,728				3.2	%			3.79	%			4		9/25/2026
TD Securities (USA) LLC			319,857				3.0	%			3.76	%			8		9/8/2026
Bank of Montreal			311,693				2.9	%			3.78	%			4		9/4/2026
Brean Capital, LLC			289,180				2.7	%			3.77	%			17		9/17/2026
Mirae Asset Securities (USA) Inc.			286,065				2.7	%			3.77	%			21		9/21/2026
Merrill Lynch, Pierce, Fenner & Smith			277,178				2.6	%			3.78	%			27		9/28/2026
MUFG Securities Canada, Ltd.			260,880				2.4	%			3.77	%			6		9/17/2026
Morgan Stanley & Co. LLC			253,685				2.4	%			3.79	%			30		9/30/2026
Mitsubishi UFJ Securities (USA), Inc.			233,252				2.2	%			3.78	%			17		9/17/2026
Nomura Securities International, Inc.			204,675				1.9	%			3.75	%			14		9/14/2026
Natixis, New York Branch			183,052				1.7	%			3.77	%			17		9/17/2026
Mizuho Securities USA LLC			176,064				1.6	%			3.79	%			1		9/1/2026
BNP Paribas Securities Corp.			154,574				1.4	%			3.76	%			4		9/4/2026
Mesirow Financial, Inc.			129,989				1.2	%			3.76	%			17		9/17/2026
Lucid Prime Fund, LLC			29,633				0.3	%			3.76	%			10		9/10/2026
Canyon Partners, LLC			22,823				0.2	%			3.73	%			14		9/14/2026
Total Borrowings		$	10,704,987				100.0	%			3.77	%			14		11/13/2026

Contact:

Orchid Island Capital, Inc.
Robert E. Cauley
3305 Flamingo Drive, Vero Beach, Florida 32963
Telephone: (772) 231-1400