Company: CIMO
Filing Date: 2025-10-01
Form Type: S-3ASR
Source: 0001193125-25-226772
Chunk: 7

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-10-01
Form: S-3ASR
Chunk 7
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, Chimera Funding TRS LLC, a Delaware limited liability company (“Funding TRS”)), of Holdco and HomeXpress, pursuant
to the Stock Purchase Agreement, dated June 11, 2025 and amended on August 5, 2025 (as amended, the “Stock Purchase Agreement”), by and among us and the selling stockholders, as sellers, and their representatives. On the
Closing Date, Holdco and HomeXpress became our indirect wholly-owned subsidiaries operating under Funding TRS. As partial consideration for the HomeXpress Acquisition and pursuant to the terms of the Stock Purchase Agreement, we issued to the
selling stockholders 2,077,151 shares of our common stock. We also paid to the selling stockholders cash consideration of (i) $119.5 million, representing the estimated Adjusted Book Value (as defined in the Stock Purchase Agreement) as of
August 31, 2025, subject to certain post-closing adjustments to true-up for the actual Adjusted Book Value as of the Closing Date as set forth in the Stock Purchase Agreement and (ii) the cash
premium of $120 million.

HomeXpress is a specialty mortgage lender focused primarily on providing
non-qualified mortgage (non-QM) solutions to the residential housing market on a national basis. Its core business model centers on sourcing loans through independent
mortgage brokers and correspondent lenders, financing those loans through warehouse facilities, and selling the aggregated loans to institutional investors in the secondary market for cash premiums. Our strategy with respect to HomeXpress emphasizes
disciplined underwriting, strong secondary market execution, cost efficiency, and efficient capital utilization.

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Listing

Our common stock is listed on the New York Stock Exchange under the symbol “CIM.”

Principal Executive Offices and Telephone Number

Our
principal executive offices are located at 630 Fifth Ave, Ste 2400, New York, New York 10111. Our telephone number is (212) 626-2300.

Internet Address

Our internet address is
www.chimerareit.com. The contents of our internet website are not a part of, and are not incorporated by reference into, this prospectus or any accompanying prospectus supplement.

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RISK FACTORS Investing in our securities involves risks. You should carefully consider the risks described below and under “Risk Factors” in our most recent Annual Report on Form 10-Kand any subsequent Quarterly Reports on Form 10-Q(which descriptions are incorporated by reference herein), as well as the