people · May 18, 2026

loanDepot Establishes $100 Million At-the-Market Equity Offering Program

loanDepot entered into an at-the-market sales agreement with BTIG, LLC on May 15, 2026, authorizing sales of up to $100 million in Class A common stock. The company will use proceeds to reduce debt and fund general corporate purposes. loanDepot trades at approximately $1.25 per share with total debt of $6.5 billion as of the filing date. The shares will be issued under an existing shelf registration statement on Form S-3.