ArrowMark Financial raises $15M in registered direct offering of 673,249 shares at $22.28

ArrowMark Financial Corp.

Offering of 673,249 common shares at $22.28 each, raising ~$15 million (excl. expenses).
Price per share of $22.28 is above NAV of $22.20, described as accretive to shareholders.
Net proceeds to be invested per the Fund's investment strategy; closing expected on Dec 19, 2025.
Shares issued under effective shelf registration statement (File No. 333-281004).

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ArrowMark Financial Corp. entered into Securities Purchase Agreement with certain investors named therein (effective 2025-12-18).

Action: entry
Agreement: equity purchase
Counterparty: certain investors named therein
Effective: 2025-12-18

Exact text from the filing

On December 18, 2025, ArrowMark Financial Corp. (NASDAQ: BANX) (the “Company”), a closed-end investment company, entered into a securities purchase agreement (the “Securities Purchase Agreement”) with certain investors named therein (the “Investors”), relating to a direct public offering (the “Offering”) of 673,249 shares of the Company’s common stock (“Common Stock”).

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ArrowMark Financial Corp. filing history →

Source: SEC EDGAR

accession 0001104659-25-122683

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