Corporate ActionAug 12, 2026, 06:07 AM
Main Street Capital Expands ATM Equity Program, Adds 2 Sales Agents
AI Summary
Main Street Capital Corporation has expanded its "at the market" (ATM) equity offering program by adding Academy Securities, Inc. and SMBC Nikko Securities America, Inc. as new sales agents. Concurrently, the company terminated its equity distribution agreement with B. Riley Securities, Inc. The updated program allows Main Street to issue and sell up to 20,000,000 shares of its common stock.
Key Highlights
- Main Street Capital entered into new equity distribution agreements with Academy Securities, Inc. and SMBC Nikko Securities America, Inc.
- Academy Securities and SMBC Nikko were added as sales agents to the existing "at the market" (ATM) program.
- The equity distribution agreement with B. Riley Securities, Inc. was terminated effective August 11, 2026.
- The ATM program allows for the issuance and sale of up to 20,000,000 shares of common stock.
Price Impact
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