Gabelli Equity Trust Announces Updated Rights Offering Price and Extends Expiration Date to April 21, 2026
Gabelli Equity Trust, Inc. (The) (GAB)
US:NYSE Investor Relations:
gabelli.com/funds/products/-111.html
Company Research
Source: GlobeNewswire
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 of the Offer has been extended to April 21, 2026, at 5:00 PM Eastern Time. As previously announced, ten Rights enable a shareholder to purchase one additional share of common stock. Record date shareholders who fully exercise their Primary Subscription Rights will be eligible for an over-subscription privilege entitling these shareholders to subscribe, subject to certain limitations and a pro-rata allotment, for any additional common shares not purchased pursuant to the Primary
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News
- Gabelli Equity Trust Announces Updated Rights Offering Price and Extends Expiration Date to April 21, 2026 [Yahoo! Finance]Yahoo! Finance
- Gabelli Equity Trust Announces Updated Rights Offering Price and Extends Expiration Date to April 21, 2026 [TheStreet.com]TheStreet.com
- GAB Rights Offering Strategy [Seeking Alpha]Seeking Alpha
- Gabelli Equity Trust 40th Anniversary [Yahoo! Finance]Yahoo! Finance
- Gabelli Equity Trust 40th AnniversaryGlobeNewswire
GAB
Sec Filings
- 4/1/26 - Form 424B4
- 3/19/26 - Form DEFA14A
- 3/19/26 - Form DEF
- GAB's page on the SEC website