ArrowMark Financial Corp.（BANX）のニュースとイベントBANXArrowMark Financial Corp.

ArrowMark Financial Announces Preliminary Results of Transferable Rights Offering

ArrowMark Financial announced the preliminary results of its transferable rights offering. The Offer commenced on January 22 and expired on February 18. The Offer entitled rights holders to subscribe for up to an aggregate of 2,604,156 of the Fund's shares of common stock, par value $0.001 per share. The subscription price was $19.79 per Common Share and was determined based upon 90% of the Fund's net asset value per Common Share at the close of trading on the NASDAQ Global Select Market on the Expiration Date. Common Shares will be issued promptly after receipt of all shareholder payments and completion of the pro-rata allocation of Common Shares in respect of the oversubscription privilege. Gross proceeds of the Offer are expected to be approximately $37,000,000. The Fund intends to invest the net proceeds of the Offer in accordance with its investment objectives and policies.

ArrowMark Financial Corp. Issues 673,249 Shares at $22.28 Each

ArrowMark Financial Corp. announced that it has entered into a securities purchase agreement with investors to purchase 673,249 of its shares of common stock, in a registered direct offering. The purchase price for one share of common stock was $22.28. The Net Asset Value at the time of the transaction was $22.20. The registered direct offering is accretive to current shareholders. The proceeds from the registered direct offering are expected to be $14,999,987.72, exclusive of legal and administrative expenses associated with the transaction. ArrowMark anticipates that the net proceeds will be invested in accordance with its investment strategy.

ArrowMark Financial Announces Special Income Distribution of $0.10 per Share

"We are very pleased to announce a special income distribution of $0.10 per share along with the regular Q4 quarterly distribution of $0.45. We believe these distributions reflect the Fund's ability to consistently over-earn its declared quarterly distribution rate. ArrowMark Financial is committed to providing consistent risk-adjusted returns while maintaining focus on capital preservation and income generation for our shareholders," said Chairman & CEO Sanjai Bhonsle. "In addition, we are very pleased to announce net income for Q3 2025 was $0.61 per share, well in excess of the quarterly distribution amount of $0.45 per share. Over the past four years, the Fund has consistently over-earned its quarterly distribution rate. This has allowed the Fund to deliver on its objective to provide shareholders with consistent income."