DENVER, Aug. 11, 2022 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial” or the “Company”), today announced that the estimated, unaudited net assets of the Company as of July 31, 2022 The value (“NAV”) was $21.10, up $0.16 from the prior month.
Additionally, ArrowMark Financial announced that Sanjai Bhonsle, President and Chief Executive Officer will close the NASDAQ stock market, Tuesday, August 16, 2022, at 4:00 p.m. Eastern Time, in recognition of ArrowMark Asset Management‘s second anniversary. , LLC, and in recognition of its second quarter 2022 financial results released on August 4, 2022.
ArrowMark Financial Corp.’s NASDAQ closing ceremony can be viewed live on
https://livestream.com/accounts/27896496/events/10557036, beginning at 3:45 p.m. EST.
About ArrowMark Financial Corp.
ArrowMark Financial is an SEC-registered, non-diversified closed-end investment company listed on the NASDAQ Global Select Market. Its investment objective is to provide shareholders with current income. ArrowMark Financial is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com.
Disclaimer and Risk Factors:
There can be no assurance that ArrowMark Financial will achieve its investment objective. ArrowMark Financial is subject to numerous risks, including investment and market risk, management risk, income and interest rate risk, banking industry risk, preferred stock risk, convertible securities risk, debt securities risk, liquidity risk, valuation risk, leverage risk, non-diversification risk, credit and counterparty risk, market risk discount to net asset value and risk of market disruption. Shares of closed-end investment companies may trade above (a premium) or below (a discount) their net asset value. ArrowMark Financial shares may not be suitable for all investors. Investors should carefully review and consider ArrowMark Financial’s investment objective, risks, charges and expenses. Past performance does not guarantee future results.