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Stock impact report

Nuveen Real Asset Income and Growth Fund Announces Preliminary Results of Rights Offering

Nuveen Real Asset Income and Growth Fund Common Shares of Beneficial Interest (JRI) 
Company Research Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Nuveen Real Asset Income and Growth Fund (NYSE: JRI) (the “Fund”) today announced the preliminary results of its transferable rights offering (the “Offer”) which expired at 5:00 p.m., Eastern time, on March 9, 2026 (the “Expiration Date”). The Offer entitled the rights holders to subscribe for an aggregate of up to an additional 7,000,000 common shares of the Fund (“Common Shares”). The Board has also approved a secondary over-subscription, whereby the Fund is authorized to increase the number of Common Shares to be issued by 1,750,000 Common Shares, for an aggregate total of 8,750,000 Common Shares.The subscription price for the Common Shares to be issued was $12.40 per Common Share, which was equal to 90% of the Fund’s net asset value per Common Share at the close of trading on the NYSE on the Expiration Date. The gross proceeds of the Offer are expected to be approximately $108.5 million (including oversubscription requests and notices of guaranteed de Show less Read more
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