DENVER, 22 November 2021 (GLOBE NEWSLETTER) – StoneCastle Financial Corp., (NASDAQ: BANX) (“StoneCastle Financial” or the “Company”), today announced that the estimated and unaudited net asset value (“NAV”) of the Company as of October 31, 2021 was $ 21.95. Net asset value was on the rise $ 0.09 from the end of the previous month.
This estimated net asset value is not a complete statement of our financial position or results for the month ended. October 31, 2021. We inform you that our unaudited net asset value per share for the fourth quarter ending December 31, 2021 will be published as part of our normal quarterly earnings reporting process and may differ materially from this estimated net asset value.
On StoneCastle Financial Corp.
StoneCastle Financial is a SECOND A listed, non-diversified closed-end investment company listed on the NASDAQ Global Select Market under the symbol “BANX”. Its investment objective is to provide shareholders with current income. StoneCastle Financial is managed by StoneCastle-ArrowMark Asset Management, LLC. To learn more, visit www.stonecastle-financial.com.
Disclaimer and Risk Factors:
There is no assurance that StoneCastle Financial will achieve its investment objective. StoneCastle Financial is subject to many risks, including investment and market risks, management risk, income and interest rate risks, banking industry risks, preferred share risk, risk of convertible securities, the risk of debt securities, the liquidity risk, the valuation risk, the leverage risk, the risk of non-diversification, credit and counterparty risks, market at a discount compared to the net asset value risk and risk of market disruption. The shares of closed-end investment companies may trade above (a premium) or below (a discount) their net asset value. Actions of StoneCastle Financial may not be suitable for all investors. Investors should carefully consider and consider StoneCastle Financial investment objective, risks, costs and expenses. Past performance is no guarantee of future results.
The annual report, the half-year report and the other regulatory documents of the Company to the SECOND are accessible on the DRY website at www.sec.gov and on the Company’s website at www.stonecastle-financial.com.
Source: StoneCastle Financial Corp.
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