Eagle Point Income Company Inc. Announces Offering of Common Stock
Eagle Point Income Company announced an underwritten public offering of its common stock (EIC, EICA). The price and terms are to be determined through negotiations with the underwriter. An additional 30-day option for the underwriter to purchase extra shares is included. B. Riley Securities, Inc. is the Sole Bookrunner. Investors are advised to review the preliminary prospectus supplement dated October 28, 2021 for detailed risks and objectives. A shelf registration statement with the SEC is effective for this offering.
- Offering aims to generate capital for investment strategies focusing on high current income.
- The potential for capital appreciation through CLO investments aligns with the company's objectives.
- Public offering could lead to shareholder dilution depending on the number of shares issued.
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The Common Stock is listed on the
Investors should consider the Company’s investment objectives, risks, charges, and expenses carefully before investing. The preliminary prospectus supplement dated
A shelf registration statement on Form N-2 (Nos. 333-237583 and 811-23384) relating to these securities is on file with and has been declared effective by the
ABOUT
The Company is a non-diversified, closed-end management investment company. The Company’s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in junior debt tranches of collateralized loan obligations (“CLOs”). In addition, the Company may invest up to
FORWARD-LOOKING STATEMENTS
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the prospectus and the Company’s other filings with the
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Investor Relations:
ICR
203-340-8510
ir@EaglePointIncome.com
www.eaglepointincome.com
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