Deal with $4.03 million greenshoe slated to fund portfolio companies
By Devika Patel
Knoxville, Tenn., Sept. 27 - GSV Capital Corp. priced a $26.89 million public sale of stock with a $4.03 million greenshoe in a prospectus supplement filed Tuesday with the Securities and Exchange Commission.
The company will sell 1.9 million common shares at $14.15 apiece. The price per share is identical to the Sept. 26 closing share price.
Citigroup Global Markets Inc. is the bookrunning manager. Lazard Capital Markets, Ladenburg Thalmann & Co. Inc. and Janney Montgomery Scott are the co-managers.
The company plans to invest the proceeds in portfolio companies. It will also use a portion of the proceeds to pay operating expenses and other expenses.
Based in Woodside, Calif., GSV is an investment company.
| Issuer: | GSV Capital Corp.
|
| Issue: | Common shares
|
| Amount: | $26,885,000
|
| Greenshoe: | $4,032,750
|
| Shares: | 1.9 million
|
| Price: | $14.15
|
| Warrants: | No
|
| Bookrunner: | Citigroup Global Markets Inc.
|
| Pricing date: | Sept. 27
|
| Stock symbol: | Nasdaq: GSVC
|
| Stock price: | $14.15 at close Sept. 26
|
| Market capitalization: | $47.32 million
|
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