Gladstone Investment Announces Intent to Redeem All Outstanding Shares of Existing Series B Term Preferred Stock and Series C Term Preferred Stock
A notice of redemption on a conditional basis will be mailed to all registered holders of the Series B Term Preferred Stock and Series C Term Preferred Stock by
This communication does not constitute a notice of redemption under the Certificates of Designation of Series B Term Preferred Stock and Series C Term Preferred Stock, respectively, nor an offer to tender for, or purchase of, any shares of Series B Term Preferred Stock or Series C Term Preferred Stock or any other security.
This press release contains statements as to the Company’s intentions and expectations of the outcome of future events that are forward-looking statements. You can identify these statements by the fact that they do not relate strictly to historical or current facts. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These statements relate to the offering of shares of Series E Term Preferred Stock and the anticipated use of the net proceeds by the Company for the redemption of its Series B Term Preferred Stock and its Series C Term Preferred Stock. Completion of the transaction on the terms described above is subject to numerous conditions, many of which are beyond the control of the Company, and such transaction may not be completed on the terms described, or at all. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. For a description of certain risks to which the Company is or may be subject, please refer to the factors discussed under the captions “Forward-Looking Statements” and “Risk Factors” included in the Company’s filings with the
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Source: Gladstone Investment Corporation