Medley Capital down 3% after secondary

|About: Medley Capital (MCC)|By:, SA News Editor

The offering of 5M shares was priced at $13.02 each. Underwriters have a greenshoe option to purchase another 750K shares at that price. The secondary will boost the float by about 10%.

SEC Form 497AD

MCC -3.2% premarket at $12.86