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Cornerstone Strategic Investment Fund, Inc. Announces Completion of Rights Offering
Globenewswire· 2025-05-19 13:15
Group 1 - The Cornerstone Strategic Investment Fund, Inc. completed a one-for-three rights offering, allowing stockholders to purchase one new share for every three rights held, with a subscription price set at $7.30 [1][3] - The Fund received requests for approximately $173 million in shares, indicating strong demand, and anticipates issuing over-subscription shares [2] - The subscription price of $7.30 is higher than the initially estimated price of $6.61, and shares are expected to be issued around May 22, 2025 [3] Group 2 - Cornerstone Strategic Investment Fund, Inc. is a closed-end, diversified management investment company registered with the SEC under the Investment Company Act of 1940 [4] - The Fund is traded on the NYSE American under the symbol "CLM" and is advised by Cornerstone Advisors, LLC, which also advises another closed-end fund, Cornerstone Total Return Fund, Inc. [5]
Cornerstone Total Return Fund, Inc. Announces Rights Offering
Globenewswire· 2025-04-10 20:15
Core Points - Cornerstone Total Return Fund, Inc. announced a 1-for-3 rights offering, pending SEC approval, with a record date of April 21, 2025 [1] - The Fund will issue a total of 39,475,678 non-transferable rights to stockholders, allowing them to purchase new shares at a subscription price based on net asset value or market price [1] - The subscription period will begin after the record date and will end on May 16, 2025, unless extended [2] Subscription Details - Each stockholder will receive one right for each share held as of the record date, with rights rounded to the nearest whole number divisible by three [1] - Stockholders can purchase one new share for every three rights held, with the subscription price being the greater of 112% of net asset value or 80% of the market price at expiration [1] - An over-allotment option will be available for stockholders who fully subscribe in the primary offering [1] Share Issuance - Shares will be issued within 15 days following the record date of the Fund's May 2025 monthly distribution [3] - Stockholders exercising their rights will not receive the monthly distribution for shares purchased through the rights offering [3]
Barnes & Noble Education(BNED) - Prospectus
2024-04-18 20:37
Table of Contents As filed with the Securities and Exchange Commission on April 18, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (I.R.S. Employer Identification Number) 120 Mountain View Blvd Basking Ridge, NJ 07920 (908) 991-2665 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) Michael C. Miller Executive Vice President, ...