Eagle Point Income Company Inc. has priced its underwritten public offering of 1,220,000 shares of 8.00% Series C Term Preferred Stock due 2029 at $25 per share, generating net proceeds of approximately $29.3 million. The preferred stock has received a 'BBB' rating from Egan-Jones Ratings Company. The offering is expected to close on April 3, 2024, and includes a 30-day option for underwriters to purchase up to an additional 183,000 shares of preferred stock. Eagle Point Income plans to list the preferred stock on the New York Stock Exchange under the symbol EICC within 30 days. The joint bookrunners for this offering are Ladenburg Thalmann & Co. Inc., B. Riley Securities, Inc., and Piper Sandler & Co., with InspereX LLC and Wedbush Securities Inc. serving as lead managers. [d16c189e]