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Stock impact report

RiverNorth Marketplace Lending Corporation Announces Final Results of Repurchase Offer

RiverNorth Capital and Income Fund (RSF) 
Company Research Source: Business Wire
CHICAGO--(BUSINESS WIRE)--RiverNorth Marketplace Lending Corporation (the “Fund”) (NYSE: RSF) announced the final results of its repurchase offer for up to 5%, or 349,075 of its outstanding common shares. The repurchase offer expired at 5:00 P.M. Eastern Time on October 9, 2019.Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 4,353,899 shares were submitted for redemption and 349,075 shares were repurchased. In accordance with the terms and conditions of the repurchase offer, because the number of shares repurchased exceeds the number of shares offered to purchase, the Fund will purchase shares from tendering shareholders on a pro-rata basis (disregarding fractional shares). The purchase price of repurchased shares is equal to the Fund's net asset value per share calculated as of the close of regular trading on the New York Stock Exchange (NYSE) on October 9, 2019, which is equal to $20.72 per share.The information agent for t Show less Read more
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