StockWatch
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Textiles
Corporate ActionMay 19, 2026, 05:36 PM

Capital Southwest Increases ATM Program to $2.0B

AI Summary

Capital Southwest Corporation increased the maximum amount of shares to be sold through its "at-the-market" (ATM) offering program to $2.0 billion from $1.0 billion. This expansion provides the company with additional flexibility to issue and sell common stock, with approximately $1.1 billion remaining available under the program as of May 19, 2026. The company executed Sixth Amendments with its sales agents, and the agreements also included updates to subsidiary definitions and entity names.

Key Highlights

  • ATM Program maximum offering amount increased to $2.0 billion from $1.0 billion.
  • Approximately $1.1 billion in shares remains available for sale under the ATM Program.
  • Sixth Amendments executed with Jefferies, Raymond James, Citizens JMP Securities, and B. Riley Securities.
  • Company's subsidiary definitions updated to include Capital Southwest SBIC II, LP.
  • References to "I-45 SLF LLC" replaced with "CapTrin Partners, LLC" in agreements.