other material
confidence high
sentiment positive
materiality 0.55
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).