RENN Fund, Inc. Announces Record Date for Year End Distribution

Rhea-AI Summary

The RENN Fund, Inc. (AMEX: RCG) announced key dates for its year-end distribution. The record date is set for December 20, 2021, with a pay date of December 30, 2021. The distribution rate per share will be announced on or around December 21, 2021. Due bills for trading will commence on December 17, 2021 and will continue until the last business day prior to the established Ex-Date set by the New York Stock Exchange. Investors should note investment risks including the potential loss of principal.

NEW YORK--(BUSINESS WIRE)-- The RENN Fund, Inc. (NYSE MKT: RCG) (the “Fund”) announced today a record date for the Fund’s year-end distribution in the event a distribution is made. The record date will be December 20, 2021 and Pay-Date of December 30, 2021. The Fund will make an announcement on or about December 21, 2021 with the distribution rate per share, if any. As the per share rate will not be available prior to the record date, the Fund will trade with due bills beginning December 17, 2021 and up through and including the last business day prior to the New York Stock Exchange established Ex-Date. The New York Stock Exchange will set the Ex-Date once the per share rate has been announced.

Disclosures:

Fund shares are subject to investment risk, including possible loss of principal invested. No fund is a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors. Additional information about the Fund, including performance and portfolio characteristics, is available at https://horizonkinetics.com/investment-strategies/renn-fund-inc-nyse-rcg/.

Horizon Kinetics Asset Management LLC is the investment adviser to the Fund. For additional information about Horizon Kinetics, please visit us at www.horizonkinetics.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211209006102/en/

Jay Kesslen

Email: jkesslen@horizonkinetics.com

Phone: (646) 495-7333

Source: RENN Fund, Inc.

FAQ

What is the record date for RCG's year-end distribution?

The record date for RCG's year-end distribution is December 20, 2021.

When will the distribution rate for RCG be announced?

The distribution rate for RCG will be announced on or about December 21, 2021.

What is the pay date for RCG's year-end distribution?

The pay date for RCG's year-end distribution is December 30, 2021.

When do due bills for RCG trading begin?

Due bills for RCG trading begin on December 17, 2021.

What risks are associated with RCG investments?

Investments in RCG are subject to risks, including the possible loss of principal invested.