Sutter Rock Capital Corp. Will Commence a Modified Dutch Auction Tender Offer to Repurchase up to $10.0 Million of its Common Stock
SuRo Capital Corp. - Closed End Fund (SSSS)
Company Research
Source: GlobeNewswire
SAN FRANCISCO, Oct. 21, 2019 (GLOBE NEWSWIRE) -- Sutter Rock Capital Corp. (“Sutter Rock” or the “Company”) (Nasdaq:SSSS) announced today that it will commence a modified “Dutch Auction” tender offer (the “Tender Offer”) to purchase up to $10.0 million of its common stock at a price per share not less than $6.00 and not greater than $8.00 in $0.10 increments, using available cash. The Tender Offer will commence on October 21, 2019 and will expire at 5:00 P.M., on November 20, 2019, unless extended. If the Tender Offer is fully subscribed, Sutter Rock will purchase between 1,250,000 shares and 1,666,667 shares, or between 6.57% and 8.77%, respectively, of Sutter Rock’s outstanding shares of its common stock. Any shares tendered may be withdrawn prior to expiration of the Tender Offer. Stockholders that do not wish to participate in the Tender Offer do not need to take any action. Based on the number of shares tendered and the prices specified by the tendering stockholders, Sutter Ro
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- SuRo Capital Corp. First Quarter 2024 Preliminary Investment Portfolio Update [Yahoo! Finance]Yahoo! Finance
- SuRo Capital Corp. First Quarter 2024 Preliminary Investment Portfolio UpdateGlobeNewswire
- SuRo Capital Corp. Announces Expiration and Final Results of Tender Offer [Yahoo! Finance]Yahoo! Finance
- SuRo Capital Corp. Announces Expiration and Final Results of Tender OfferGlobeNewswire
SSSS
Sec Filings
- 4/19/24 - Form DEFA14A
- 4/18/24 - Form DEF
- 4/16/24 - Form 8-K
- SSSS's page on the SEC website