Corporate ActionJun 30, 2026, 04:58 PM
GAMCO Natural Resources Commences 2M Share At-The-Market Offering
AI Summary
GAMCO Natural Resources, Gold & Income Trust (GNT) commenced an "at-the-market" (ATM) equity offering to sell up to 2,000,000 common shares. The offering will be conducted through G.research, LLC, with a minimum sale price set at the net asset value per share plus the sales manager's commission. This action follows an amendment to a sales agreement and is made under the Fund's existing shelf registration statement.
Key Highlights
- GAMCO Natural Resources, Gold & Income Trust commenced an "at-the-market" (ATM) equity offering.
- The offering allows for the sale of up to 2,000,000 common shares of beneficial interest.
- Shares will be sold from time to time through G.research, LLC, the Sales Manager.
- Minimum sale price will not be less than net asset value per share plus commission.
- The offering is made pursuant to an amendment to a sales agreement dated April 22, 2025.
- It utilizes the Fund's effective shelf registration statement on Form N-2 (File No. 333-276020).
Price Impact
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