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Gabelli Equity Trust Announces Updated Rights Offering Price and Extends Expiration Date to April 21, 2026
Globenewswire· 2026-03-31 21:48
GREENWICH, Conn., March 31, 2026 (GLOBE NEWSWIRE) -- The Gabelli Equity Trust (NYSE: GAB) (the “Fund”) today announced that is has updated the offering price of its previously announced Rights Offering (the “Offer”) and has extended the expiration date of the Offer. Under the updated terms of the Offer, the Subscription Price will be $5.00 per share, replacing the prior Subscription Price of $5.50. This revised price reflects current market conditions and investor feedback. In addition, the expiration date ...