Full Circle Capital(FULL)- NASDAQ
  • Tue, Feb. 16, 5:04 PM
    • Alongside FQ2 results - NII of $0.11 per share vs. $0.19 one year ago - the Full Circle Capital (NASDAQ:FULL) board has formed a special committee to consider strategic alternatives.
    • The company notes it's been a tough stretch for BDCs and it doesn't expect conditions to ease anytime soon. With the stock trading at a big discount to NAV, management doesn't have the ability to raise the capital with which it could expand operations, so it may be time to close up shop.
    • Conference call tomorrow at 8:30 ET.
    • Previously: Full Circle Capital NII in-line, beats on total investment income (Feb. 16)
    • Shares +1.3% after hours.
    | Tue, Feb. 16, 5:04 PM
  • Jun. 4, 2015, 4:05 PM
    • Full Circle Capital (FULL +0.6%) gets a small late-session pop after Phil Goldstein's Bulldog Investors discloses a 5.69% stake in the company, along with its intention to maybe get in touch with management about ways to boost the stock price.
    | Jun. 4, 2015, 4:05 PM | 3 Comments
  • Mar. 16, 2015, 2:39 PM
    • Non-transferable rights to subscribe for up to 11.95M shares of Full Circle (FULL +1.4%) common stock are being issued to shareholders of record as of March 6. The subscription price is $3.50 each.
    • The offering expires at the close of business on March 30.
    • Previously: Full Circle -18.7% on rights offering (Feb. 23)
    | Mar. 16, 2015, 2:39 PM | 10 Comments
  • Feb. 23, 2015, 12:42 PM
    • Full Circle (FULL -18.7%) will be asking existing shareholders to pony up for roughly another 12M shares of stock, with the subscription price expected to be between $3.50 and $4 per share. Full Circle Advisors have committed to over-subscribe for $5M worth of stock.
    • The distribution is cut to $0.035 per month for 2015 FQ4, and Full Circle Advisors will waive waive necessary management and incentive fees through fiscal 2016 in order to ensure there is enough money to pay distributions.
    | Feb. 23, 2015, 12:42 PM
  • Oct. 1, 2014, 11:35 AM
    • "We believe that the more liquid credit markets have begun to show signs of weakness," says Full Circle (FULL -3.4%) CEO Gregg Felton, noting $8.9B of outflows at high-yield and leveraged loan funds during the past nine months. "We believe the softening demand from traditional high yield investors will enhance our origination opportunities."
    • The company completed $37.9M of investments in the quarter ended yesterday, including $21.2M in four new portfolio companies and $6.7M in follow-on investments in existing portfolio companies.
    • Full Circle restructured its loan facility to Blackstrap Broadcasting, bringing the loan back to performing status on Sept. 22. Funding another $6M, Full Circle now holds a first lien note with face value of $11.2M, carrying an interest rate of Libor +10%.
    • Also amended are the terms on its warrant for Advanced Cannabis Solutions. Full Circle may now buy 1.4M shares at $4 each vs. the previous 1M shares at $5.50 each.
    | Oct. 1, 2014, 11:35 AM
  • Sep. 24, 2014, 11:36 AM
    | Sep. 24, 2014, 11:36 AM
  • Jun. 23, 2014, 10:21 AM
    | Jun. 23, 2014, 10:21 AM
  • Jun. 19, 2014, 9:10 AM
    • The 1.35M share offering prices at $7.40 each for total gross proceeds of $10M.
    • FULL -1.1% premarket to $7.87.
    | Jun. 19, 2014, 9:10 AM
  • Mar. 27, 2014, 12:45 PM
    | Mar. 27, 2014, 12:45 PM
  • Mar. 4, 2014, 3:16 PM
    • A big move for Advanced Cannabis Solutions (CANN +38.2%) is feeding through to Full Circle Capital (FULL +6.8%) which several weeks ago paid $0.50 each for 1M warrants to buy CANN at $5.50 each. The CANN investment alone looks like its worth more than $10 per share for Full Circle which is now trading at $8.88.
    | Mar. 4, 2014, 3:16 PM | 3 Comments
  • Feb. 4, 2014, 9:11 AM
    | Feb. 4, 2014, 9:11 AM | 2 Comments
  • Jan. 14, 2014, 12:16 PM
    • Full Circle Capital (FULL -4.4%) prices a large 1.65M share secondary (adds 22% to the float) at $7.13 each, with underwriters retaining the option to buy another 242.3K shares. Total gross proceeds so far are $11.8M.
    • The stock's currently at $7.10.
    | Jan. 14, 2014, 12:16 PM
  • Jan. 14, 2014, 9:10 AM
    | Jan. 14, 2014, 9:10 AM | 1 Comment
  • Dec. 10, 2013, 11:35 AM
    • Full Circle Capital (FULL -2.8%) hits a 52-week low after filing a shelf registration for the sale of up to $75M in various securities.
    • SEC Form N-2
    | Dec. 10, 2013, 11:35 AM | 2 Comments
  • Sep. 22, 2011, 1:05 PM

    Full Circle Capital (FULL +3.2%) bucks a weak tape after UBS raises the stock to buy on an optimistic outlook for its Q1 and solid progress in stabilizing its investment portfolio.

    | Sep. 22, 2011, 1:05 PM
Company Description
Full Circle Capital Corp., a business development company, invests in smaller and lower middle-market companies located in the US. The fund targets companies operating in the fields of telecommunications, food and food distribution, business services, healthcare, marketing & data services,... More
Sector: Financial
Industry: Credit Services
Country: United States