Chimera Investment Corporation (NYSE: CIM) today announced that the
filing of Form 10-K for the year ended December 31, 2012 will be delayed
beyond the Form 12b-25 extended due date. The Company continues to work
diligently to complete the ongoing work on becoming current on all of
its filings required under applicable securities laws. The Company
expects to file its Quarterly Report on Form 10-Q for the quarterly
period ending March 31, 2012 by May 7, 2013, and all subsequent unfiled
Quarterly Reports and the 2012 Form 10-K will be filed as soon as
practicable.
Chimera Investment Corporation invests in residential mortgage loans,
residential mortgage-backed securities, real estate-related securities
and various other asset classes. The Company’s principal business
objective is to generate income from the spread between yields on its
investments and its cost of borrowing and hedging activities. The
Company is a Maryland corporation that has elected to be taxed as a real
estate investment trust (“REIT”).
This news release contains or incorporates by reference certain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Exchange Act.
Forward-looking statements which are based on various assumptions (some
of which are beyond the Company’s control) may be identified by
reference to a future period or periods or by the use of forward-looking
terminology, such as “believe,” “expect,” “anticipate,” “estimate,”
“plan,” “continue,” “intend,” “should,” “may,” “would,” “will” or
similar expressions, or variations on those terms or the negative of
those terms. The Company’s forward-looking statements are subject to
numerous risks, uncertainties and other factors, including the impact of
the transition to a new independent registered public accounting firm
and the Company’s ability to timely complete the process necessary to
file its quarterly and annual reports for the quarters and year
subsequent to December 31, 2011. The Company does not undertake, and
specifically disclaims all obligation, to publicly release the result of
any revisions which may be made to any forward-looking statements to
reflect the occurrence of anticipated or unanticipated events or
circumstances after the date of such statements, see “Item 1A — Risk
Factors” in our Annual Report on Form 10-K for the year ended December
31, 2011.
