Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

GSV Capital Prices Follow-on Offering Of 6 Mln Shares At $16.25/Shr -Quick Facts

RELATED NEWS
Trade GSVC now with 

GSV Capital Corp. (GSVC: Quote) said it has priced a follow-on offering of 6.0 million shares at $16.25 per share, resulting in gross proceeds of $97.5 million. The underwriters have been granted a 30-day option to buy up to an additional 900,000 common shares.

The company plans to use the net proceeds of this public offering to invest in portfolio companies in accordance with its investment objective and strategies, and for working capital and general corporate purposes. Citigroup Global Markets Inc. is acting as sole book-running manager for the offering.

Click here to receive FREE breaking news email alerts for GSV Capital Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its third quarter loss widened slightly from last year, as higher costs and expenses more than offset a 45% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue. After ending the previous session modestly lower, stocks moved mostly higher over the course of the trading day on Thursday. The gains on the day more than offset yesterday's losses, lifting the major averages to their best closing levels in a month. Sen. Lindsey Graham, R-S.C., is seen as a long shot for the Republican presidential nomination in 2016, and his chances may have gotten worse after he was recorded joking about the prospects for "white men" if he were elected president.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.