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Stock impact report

ClearBridge Energy Midstream Opportunity Fund Inc. Announces Preliminary Results of Transferable Rights Offering

ClearBridge Energy Midstream Opportunity Fund Inc. (EMO) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) (the “Fund”) announced today the completion of its transferable rights offering (the “Offer”). The Offer expired at 5:00 PM Eastern Time on October 10, 2025 (the “Expiration Date”) and the Rights no longer trade on the New York Stock Exchange (“NYSE”).The Offer is expected to result in the issuance of approximately 1.8 million shares of common stock (including notices of guaranteed delivery), resulting in anticipated gross proceeds to the Fund of approximately $76.8 million.The subscription price per share of common stock (the “Subscription Price”) is $42.11, which is equal to 90% of the Fund’s net asset value per share of common stock at the close of trading on the NYSE on the Expiration Date. The shares of common stock subscribed for are expected to be issued on or about October 17, 2025, after completion of the allocation of any oversubscription shares and receipt of all shareholder paymen Show less Read more
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