Filing by Certain Investment Companies of Rule 482 Advertising in Accordance With Rule 497 and the Note to Rule 482(e) (497ad)
March 16 2015 - 2:12PM
Edgar (US Regulatory)
Filed pursuant to Rule 497(a)(1)
File No. 333-201593
Rule 482AD
Full Circle Capital Corporation Announces
Non-Transferable Rights Offering
Greenwich, CT – March 16, 2015 – Full Circle Capital
Corporation (the “Company”) (Nasdaq: FULL) announced today the commencement on March 13, 2015 of a non-transferable
rights offering to purchase shares of common stock of the Company (the “Offering”).
In connection with the Offering, the Company is issuing non-transferable
rights to subscribe for up to 11,949,034 shares of the Company’s common stock to its stockholders of record (“Record
Date Stockholders”) on March 6, 2015 (the “Record Date”). Record Date Stockholders will receive one non-transferable
right for each outstanding share of common stock owned on the Record Date. The rights entitle the holders to purchase one new share
of common stock for every one right held. The subscription price for the common shares offered in the Offering is $3.50 per share.
The Offering will expire on March 30, 2015 at 5:00 p.m., New York City time, unless the Offering is extended.
The rights are non-transferable and will not be listed for trading
on the NASDAQ Global Market or any other stock exchange. The rights may not be purchased or sold and there will not be any market
for trading the rights. The shares of common stock to be issued pursuant to the Offering will be listed for trading on the NASDAQ
Global Market under the symbol “FULL.” Record Date Stockholders who fully exercise all rights issued to them are entitled
to subscribe for additional shares of the Company’s common stock, if any, which were not subscribed for by other Record Date
Stockholders.
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Important Dates: |
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Record Date: |
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March 6, 2015 |
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Subscription Period: |
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from March 13, 2015 to March 30, 2015 |
(1) |
Expiration Date: |
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March 30, 2015 |
(1) |
(1) Unless the Offering
is extended.
The Company intends to use the net proceeds from this offering
for the origination of new investments in accordance with its investment
objective, and for working capital and other general corporate purposes.
Ladenburg Thalmann & Co. Inc. has been selected by the Company
to act as the dealer manager for the Offering.
Investors should carefully consider the investment objective,
risks, and charges and expenses of the Company carefully before investing. This information can be found in the Company’s
prospectus, dated March 13, 2015, a copy of which may be obtained by contacting the Information Agent, AST Fund Solutions, LLC
at (877) 478-5045. An investor should carefully read the Company’s prospectus before investing. Investors should also carefully
consider the risks and other factors relating to this offering set forth in the Company’s prospectus, including the dilutive
effect the Offering will have on both the Company’s net asset value per share and the distributions per share the Company
will be able to distribute subsequent to completion of the Offering.
How to Obtain Subscription Information
• Contact your broker-dealer, trust company, bank or other
nominee where your rights are held, or
• Contact the information agent, AST Fund Solutions, LLC,
toll-free at (877) 478-5045.
How to Subscribe
• Deliver a completed subscription certificate and payment
to the subscription agent by the expiration date of the rights offering, or
• If your shares are held in an account with your
broker-dealer, trust company, bank or other nominee, which qualifies as an Eligible Guarantor Institution under Rule 17Ad-15
of the Securities Exchange Act of 1934, as amended (the ‘‘Exchange Act’’), have your Eligible
Guarantor Institution deliver a notice of guaranteed delivery to the subscription agent by the expiration date of the rights
offering.
A registration statement with respect to the rights and the
shares of common stock to be issued upon exercise of the rights has been filed with the Securities and Exchange Commission and
has been declared effective.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy nor will there be any sale of the shares referred to in this press release in any state or jurisdiction
in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws
of such state or jurisdiction. The offering may be made only by means of the Prospectus, copies of which may be obtained,
when available, from Ladenburg Thalmann & Co. Inc., Attn: Syndicate Department, 58 South Service Road, Suite 160, Melville,
NY 11747, or by emailing syndicate@ladenburg.com (telephone number 1-800-573-2541).
About Full Circle Capital Corporation
Full Circle Capital Corporation (www.fccapital.com)
is a closed-end investment company that has elected to be treated as a business development company under the Investment Company
Act of 1940. Full Circle lends to and invests in senior secured loans and, to a lesser extent, mezzanine loans and equity securities
issued by lower middle-market companies that operate in a diverse range of industries. Full Circle’s investment objective
is to generate both current income and capital appreciation through debt and equity investments. For additional information visit
the company’s website www.fccapital.com.
Forward-Looking Statements
This press release contains forward-looking
statements which relate to future events or Full Circle's future performance or financial condition. Any statements that are not
statements of historical fact (including statements containing the words “believes,” “should,” “plans,”
“anticipates,” “expects,” “estimates” and similar expressions) should also be considered to
be forward-looking statements. These forward-looking statements are not guarantees of future performance, condition or results
and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements
as a result of a number of factors, including those described from time to time in Full Circle's filings with the Securities and
Exchange Commission. Full Circle undertakes no duty to update any forward-looking statements made herein.
For further information regarding the offering
please contact the Information Agent:
AST Fund Solutions, LLC
55 Challenger Road, Suite 201
Ridgefield Park, NJ 07660
Toll-free: (877) 478-5045
Company Contact: |
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Investor Relations Contacts: |
John Stuart, Chairman |
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Garrett Edson/Brad Cohen |
Gregg J. Felton, President and Chief Executive Officer |
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ICR, LLC |
Full Circle Capital Corporation |
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(203) 682 – 8200 |
(203) 900 – 2100 |
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info@fccapital.com |
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