DENVER, September 27, 2021 (GLOBE NEWSWIRE) – StoneCastle Financial Corp., (NASDAQ: BANX) (“StoneCastle Financial” or the “Company”), today announced that the Company’s estimated and unaudited Net Asset Value (“NAV ”) As of August 31, 2021 was $ 22.05. The net asset value increased by $ 0.13 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 August 31, 2021. We inform you that our unaudited net asset value per share for the third quarter ended September 30, 2021 will be published in as part of our normal quarterly publication. process for reporting results and may differ materially from this estimated net asset value.
About StoneCastle Financial Corp.
StoneCastle Financial is an SEC-registered, non-diversified closed-end investment company listed on the NASDAQ Global Select Market under the symbol “BANX. & CloseCurlyDoubleQuote; Its investment objective is to provide shareholders with current income. StoneCastle Financial is Managed by StoneCastle-ArrowMark Asset Management, LLC For more information, visit www.stonecastle-financial.com.
Disclaimer and Risk Factors:
There can be 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, convertible securities risk, debt securities risk, liquidity risk, valuation risk, leverage risk, diversification risk, credit and counterparty risks, the market at a discount to the risk of net asset value and the risk of market disruption. The shares of closed-end investment companies may trade above (a premium) or below (a discount) their net asset value. StoneCastle Financial shares may not be suitable for all investors. Investors should carefully consider and consider the investment objective, risks, costs and expenses of StoneCastle Financial. Past performance is no guarantee of future results.
The Company’s annual report, semi-annual report and other regulatory documents with the SEC are available on the SEC’s website at www.sec.gov and on the Company’s website at www.stonecastle-financial.com.