TICC Capital Corp. (TICC) said Monday that it has completed an underwritten public offering of 3.45 million shares of its common stock, including 450,000 shares of common stock that were issued pursuant to the 30-day option granted to the underwriters to purchase up to 450,000 additional shares of common stock, at a public offering price of $9.65 per share for total estimated gross proceeds of $33.3 million.
The company expects to use the net proceeds from the offering for general corporate purposes, which may include investments by the Company in corporate debt and equity securities and investments in structured finance vehicles.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.