IPO Profile

Aames Investment
350 S. Grand Avenue, 43rd Floor Los Angeles, California 90071
Tel: 323-210-5000
Web:
Ticker: AIC
Amount Raised: $297,500,000.00

Description:
We expect to qualify as a real estate investment trust, or REIT, for federal income tax purposes, and Aames Financial will be our taxable REIT subsidiary. As a REIT, we generally will not be subject to federal income tax on the REIT income that we distribute to our stockholders. The taxable income generated by Aames Financial, our taxable REIT subsidiary following this offering, will be subject to regular corporate income tax. This will include fee income on all loans it originates and gains and net interest income on all loans it sells. We intend to distribute a substantial majority of the earnings from our REIT portfolio of mortgage loans to our stockholders, while growing our equity capital base by retaining a portion of Aames Financial�s earnings.