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ArrowMark Financial Corp. Announces At-the-Market Offering

ArrowMark Financial Corp. (BANX) | date

By Paula Scott

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ArrowMark Financial Corp. announced a prospectus supplement filing with the SEC for an at-the-market offering of up to $25,000,000 of its common stock.

The Company will invest the net proceeds from the offering in accordance with its investment policy.

Common Stock will be offered through ALPS Distributors, Inc. by an 'at-the-market' equity offering program.

Offering Details

Up to $25,000,000 of common stock may be sold through an at-the-market program.

Investment Strategy

Proceeds will be invested according to the Company's investment policy.

Distributor

ALPS Distributors, Inc. will handle the sale of Common Stock.

  • Investors are urged to review all related documents to understand the risks and details of the offering.
  • Shares of ArrowMark may trade above or below their net asset value, presenting risks for investors.

ArrowMark Financial Corp.'s at-the-market offering provides an opportunity for investors to participate in the Company's investment strategy. However, potential investors should carefully consider the risks associated with such an offering.