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  "documentTitle": "Great Ajax | Investor Presentation Deck | 17 slides",
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  "authorName": "Great Ajax",
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  "presentationDate": "2023-11-01 00:00:00",
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      "text": "Ellington Financial holds approximately 6.1% of our stock. An affiliate of Ellington Financial's external manager owned 273,983 shares of our common stock as of June 30, 2023. Ellington Financial remains one of our securitization joint venture partners.",
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      "text": "This year, to date, we have distributed $0.65 per share in dividends. Today, our Board of Directors declared a cash dividend of $0.11 per share to be paid on November 30, 2023 to stockholders of record as of November 15, 2023. We reduced the dividend per share amount in order to focus on book value and maximizing stockholder value overall.",
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      "text": "As disclosed in our earnings press release, our Board of Directors regularly evaluates and considers our strategic direction, our objectives and our succession plans, as well as our ongoing business, all with a view to maximizing long-term value for our stockholders. This evaluation and consideration led to our entry into the merger agreement with Ellington Financial. Following termination of the merger agreement, the board engaged a financial adviser to assist us with a thorough evaluation of strategic alternatives. We do not intend to comment further on this process until disclosure is necessary or advisable.",
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      "text": "As announced, in late October, we and Ellington Financial Inc. (\"Ellington Financial\") mutually terminated our merger agreement. The termination was approved by both companies' boards of directors after careful consideration of the proposed merger and the progress made towards completing the transaction. The details of the $16 million termination payment are disclosed in our press release.",
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      "text": "Recent Developments",
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