MMA Capital Management Announces Conversion to a Corporation and Name Change
MMA Capital Mgmt, LLC (MMAC)
US:NASDAQ Investor Relations:
mmacapitalmanagement.com
Company Research
Source: PR Newswire
BALTIMORE, Dec. 31, 2018 /PRNewswire/ -- MMA Capital Management, LLC (NASDAQ: MMAC) ("MMA Capital" or "the Company") today announced that, effective January 1, 2019, the Company will convert from a limited liability company to a Delaware corporation and will change its name to MMA Capital Holdings, Inc. This conversion was approved by the Company's shareholders on November 20, 2018, and, upon its completion, the Company will continue to trade on the NASDAQ Capital Market under the ticker symbol "MMAC."Michael Falcone, MMA Capital's Chief Executive Officer stated, "The conversion to a corporation and rebranding to MMA Capital Holdings are additional steps in the process of increasing accessibility for shareholders and improving the overall liquidity of our shares. Taking these steps should hopefully increase the size of the Company's investor pool and potentially allow the Company to qualify for certain indices over time."About MMACMMA Capital primarily invests in debt associated wi
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