Gabelli Multimedia Trust Rights Offering Concludes Raising $24 Million

The Gabelli Multimedia Trust Inc. Announces the completion of its transferable rights offering. The Fund will issue approximately 4.8 million shares of common stock. Preliminary results indicate gross proceeds to the Fund of approximately $24 million. The Fund is a subsidiary of The Gabelli Corporation.

Weekly Report: what happened at GGT last week (0715-0719)?

Why Is Gabelli Multimedia Trust Rights (GGTr) Stock Up 110% Today?

Gabelli Multimedia Trust Rights (NYSE:GGTr) stock is up 110% as of Wednesday morning. The rights for the rights are going to expire on July 22. GGTr stock is a hot topic as the company notifies investors of the rights expiration date. The company says the rights will expire on Monday.

Gabelli Multimedia Trust Alerts Common Stock Shareholders to Rights Offering Expiration Date of July 22, 2024

The Gabelli Multimedia Trust’s transferrable rights offering to acquire additional shares of common stock expires on July 22, 2024. The Fund encourages shareholders to take action this week to extend the offer. The Gabellimultimedia Trust's rights offering expires at 5:00 p.m. ET.

Weekly Report: what happened at GGT last week (0708-0712)?

Weekly Report: what happened at GGT last week (0701-0705)?

Weekly Report: what happened at GGT last week (0624-0628)?

A Look Back At My 'Sell GGT, Buy NBXG' Article A Year Later

Weekly Report: what happened at GGT last week (0617-0621)?

Gabelli Multimedia Trust announces rights offering for shares of common stock

Gabelli Multimedia Trust Announces Rights Offering for Shares of Common Stock Record Date and Summary of Terms

Weekly Report: what happened at GGT last week (0610-0614)?

Weekly Report: what happened at GGT last week (0603-0607)?

Weekly Report: what happened at GGT last week (0527-0531)?

Weekly Report: what happened at GGT last week (0520-0524)?

Tracking Mario Gabelli's Gabelli Funds 13F Portfolio - Q1 2024 Update

Weekly Report: what happened at GGT last week (0513-0517)?

Gabelli Multi-Media declares $0.22 dividend

Press Release: Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.22 Per Share

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $ Per Share. The Fund's Board of Directors reaffirmed and declared a $ per share cash distribution payable on June 21, 2024 to common stock shareholders of record on June 13, 2024. The fund intends to pay 10% of the average net asset value of the Fund.

Weekly Report: what happened at GGT last week (0506-0510)?