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Total Return Securities Fund, Inc. Makes Announcement
GlobeNewswire News Room· 2025-08-07 20:00
Core Points - The Board of Directors of Total Return Securities Fund, Inc. has confirmed its intention to authorize a self-tender offer to purchase at least 15% of the Fund's outstanding shares at a price of at least 98% of the net asset value per share [1] - The Fund is also considering a rights offering to stockholders to purchase additional shares of common stock, aimed at limiting the increase in the Fund's expense ratio after the tender offer [2] - The number of shares to be purchased in the self-tender offer may exceed 15% but will not exceed 25% of the Fund's outstanding shares post-rights offering [2] Summary by Sections Self-Tender Offer - The Fund plans to initiate a self-tender offer for at least 15% of its outstanding shares at a minimum of 98% of NAV [1] Rights Offering - The Board is contemplating a rights offering to mitigate potential increases in the expense ratio due to a reduced asset base after the tender offer [2] - There is a possibility of dilution from issuing common stock at a discount to NAV, and the Board has not guaranteed the authorization or terms of the rights offering [2]
Gyrodyne(GYRO) - Prospectus(update)
2024-02-01 22:14
As filed with the Securities and Exchange Commission on February 1, 2024 Registration No. 333-276312 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 3 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 GYRODYNE, LLC (Exact name of Registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organization) New York 6512 46-3838291 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) O ...
Gyrodyne(GYRO) - Prospectus(update)
2024-01-26 17:20
As filed with the Securities and Exchange Commission on January 26, 2024 Registration No. 333-276312 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 GYRODYNE, LLC (Exact name of Registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organization) New York 6512 46-3838291 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) O ...
Gyrodyne(GYRO) - Prospectus(update)
2024-01-23 02:48
As filed with the Securities and Exchange Commission on January 22, 2024 Registration No. 333-276312 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 GYRODYNE, LLC (Exact name of Registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organization) New York 6512 46-3838291 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) O ...
Fresh Vine Wine(VINE) - Prospectus(update)
2023-01-27 22:13
As filed with the Securities and Exchange Commission on January 27, 2023 Registration No. 333-269082 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 PRE-EFFECTIVE AMENDMENT No. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ________________ FRESH VINE WINE, INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) ________________ (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) Nevada 208 ...