FULL Full Circle Capital Corp. (MM)

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

___________________________________

 

FORM 8-K

 

Current Report Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):

 

August 5, 2015

 

FULL CIRCLE CAPITAL CORPORATION

(Exact name of registrant as specified in its charter)

 

 

Maryland	814-00809	27-2411476
(State or other jurisdiction	(Commission File Number)	(I.R.S. Employer Identification No.)
of incorporation)

 

102 Greenwich Avenue, 2^nd Floor

Greenwich, CT 06830

(Address of principal executive offices and zip code)

 

Registrant’s telephone number, including area code: (203) 900-2100

 

 

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 8.01 Other Events.

 

On August 5, 2015, Full Circle Capital Corporation (the “Company”) issued a press release announcing that the Company’s Board of Directors today declared monthly distributions of $0.035 as follows:

 

Record Date	Payment Date	Per Share Amount
October 30, 2015	November 13, 2015	$0.035
November 30, 2015	December 15, 2015	$0.035
December 31, 2015	January 15, 2016	$0.035

 

 

The text of the press release is included as an exhibit to this Form 8-K.

 

Item 9.01 Financial Statements and Exhibits.

 

(a)

Not applicable.

 

(b)

Not applicable.

 

(c)

Not applicable.

 

(d)

Exhibits.

 

Exhibit No.	Description
99.1	Press release dated August 5, 2015

 

 

SIGNATURES 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  

 

Date:	August 5, 2015		FULL CIRCLE CAPITAL CORPORATION
			By:	/s/ Gregg J. Felton
				Gregg J. Felton
				Chief Executive Officer and President

 

 

 

Exhibit 99.1

 

Full Circle Capital Declares Monthly Distributions of $0.035 Per Share

for a Total of $0.105 Per Share for Second Quarter Fiscal 2016

 

 

GREENWICH, CT, August 5, 2015 – Full Circle Capital Corporation (NASDAQ:FULL) (“Full Circle Capital”) today announced its monthly distributions through the end of calendar 2015.

 

On August 4, 2015, the Board of Directors declared monthly distributions for the second quarter of fiscal 2016 as follows:

 

Record Date	Payment Date	Per Share Amount
October 30, 2015	November 13, 2015	$0.035
November 30, 2015	December 15, 2015	$0.035
December 31, 2015	January 15, 2016	$0.035

 

These distributions equate to a $0.42 annualized distribution rate, or an annualized yield of 12.7% based on the closing price of the Company’s common stock of $3.31 per share on August 4, 2015.

 

About Full Circle Capital

Full Circle Capital Corporation (NASDAQ: FULL) is a Greenwich, Connecticut based closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. Full Circle Capital lends to and invests in senior secured loans and, to a lesser extent, mezzanine loans and equity securities issued by smaller and lower middle-market companies that operate in a diverse range of industries. Full Circle Capital’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 Capital's future performance or financial condition. Any statements that are not statements of historical fact (including statements containing the words "believes," "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 Capital's filings with the Securities and Exchange Commission. Full Circle Capital undertakes no duty to update any forward-looking statements made herein.

 

Company Contacts:

Gregg J. Felton, President and Chief Executive Officer

John Stuart, Chairman

Full Circle Capital Corporation

203-900-2100

info@fccapital.com

 

Investor Relations Contacts:

Garrett Edson/Brad Cohen

ICR, LLC

(203) 682-8200

 

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