Seeking Alpha

Medley Capital -3% after pricing secondary

  • The offering size of 6M shares compares to the current float of 40M. It priced at $13.25 per share. The underwriter greenshoe is for another 900K shares.
  • MCC -3% premarket to $13.12.
  • Press release
From other sites
Comments (3)
  • iboston
    , contributor
    Comments (18) | Send Message
     
    As if there wasn't pressure on this stock already.
    23 Apr 2014, 09:34 AM Reply Like
  • moose60061
    , contributor
    Comments (200) | Send Message
     
    they just did similar 6,000,0000 in January.Running for cash at holders expense of course.
    23 Apr 2014, 10:30 AM Reply Like
  • Davephd
    , contributor
    Comments (891) | Send Message
     
    The offering is 13% of the shares outstanding.
    23 Apr 2014, 09:52 AM Reply Like
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