Capitala Finance Corp. Announces Completion of Offering of 3,500,000 Shares of Common Stock
The Company intends to use the net proceeds from this offering to make new investments in portfolio companies in accordance with its investment objective and strategies and for general working capital purposes. The Company will also use a portion of the net proceeds from this offering to repay indebtedness (which will be subject to re-borrowing), to pay operating expenses, including advisory and administrative fees and expenses, and may pay other expenses such as due diligence expenses of potential new investments.
Investors are advised to carefully consider the investment
objectives, risks and charges and expenses of the Company before
investing. The prospectus supplement, dated
A shelf registration statement relating to these securities is on
file with and has been declared effective by the
This press release does not constitute an offer to sell or a solicitation of an offer to buy nor will there be any sale of the shares referred to in this press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.
About
Forward-Looking Statements
This press release contains certain forward-looking statements,
including statements with regard to the Company's securities offering
and the anticipated use of the net proceeds of the offering. Words such
as "believes," "intends," "expects," "projects," "anticipates," and
"future" or similar expressions are intended to identify forward-looking
statements. These forward-looking statements are subject to the inherent
uncertainties in predicting future results and conditions and no
assurance can be given that the securities offering discussed above will
be consummated on the terms described or at all. Completion of the
securities offering and the terms thereof are subject to numerous
factors, many of which are beyond the control of the Company, including,
without limitation, market conditions, failure of customary closing
conditions and the risk factors and other matters set forth in the
Company's prospectus supplement dated
Chief
Financial Officer
sarnall@capitalagroup.com
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