TICC Capital (TICC) Commences 3M Share Common Stock Offering
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TICC Capital Corp. (NASDAQ: TICC) announced today that it has commenced a public offering of 3,000,000 shares of its common stock. In connection with the proposed offering, the Company intends to grant the underwriters for the offering an option to purchase up to an additional 450,000 shares of common stock.
Barclays Capital Inc. is acting as the sole book-running manager for the offering. Stifel, Nicolaus & Company, Incorporated is acting as lead manager for the offering and Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS), JMP Securities LLC and BB&T Capital Markets are acting as co-managers for the offering.
The Company expects to use the net proceeds from the offering for general corporate purposes, which may include investments in corporate debt and equity securities and investments in structured finance vehicles.
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Barclays Capital Inc. is acting as the sole book-running manager for the offering. Stifel, Nicolaus & Company, Incorporated is acting as lead manager for the offering and Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS), JMP Securities LLC and BB&T Capital Markets are acting as co-managers for the offering.
The Company expects to use the net proceeds from the offering for general corporate purposes, which may include investments in corporate debt and equity securities and investments in structured finance vehicles.
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JMP Securities, Barclays, BB&T Capital Markets, Ladenburg Thalmann Financial Services
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