other material
confidence high
sentiment neutral
materiality 0.60
Gabelli Multimedia Trust enters ATM equity facility to sell up to 17M shares
GABELLI MULTIMEDIA TRUST INC.
- Amendment No. 2 to sales agreement with G.research, LLC permits ATM offering of up to 17,000,000 common shares.
- Minimum sale price on any day is not less than NAV per share plus per-share commission to sales manager.
- Offering commenced on February 20, 2026 under a shelf registration statement (File No. 333-277213).
- Prospectus supplement dated February 20, 2026 and opinion of Venable LLP on legality of shares filed as exhibits.