{"id":938341,"date":"2026-02-19T13:38:12","date_gmt":"2026-02-19T18:38:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/arrowmark-financial-corp-nasdaq-banx-announces-the-preliminary-results-of-its-rights-offering\/"},"modified":"2026-02-19T13:38:12","modified_gmt":"2026-02-19T18:38:12","slug":"arrowmark-financial-corp-nasdaq-banx-announces-the-preliminary-results-of-its-rights-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/arrowmark-financial-corp-nasdaq-banx-announces-the-preliminary-results-of-its-rights-offering\/","title":{"rendered":"ArrowMark Financial Corp. (NASDAQ: BANX) Announces the Preliminary Results of its Rights Offering"},"content":{"rendered":"
\n

DENVER, Feb. 19, 2026 (GLOBE NEWSWIRE) — ArrowMark Financial Corp. (NASDAQ: BANX) (the \u201cFund\u201d) announced the preliminary results of its transferable rights offering (the \u201cOffer\u201d). The Offer commenced on January 22, 2026, and expired on February 18, 2026 (the \u201cExpiration Date\u201d).\u00a0 The Offer entitled rights holders to subscribe for up to an aggregate of 2,604,156 of the Fund\u2019s shares of common stock, par value $0.001 per share (\u201cCommon Shares\u201d). The subscription price was $19.79 per Common Share and was determined based upon 90% of the Fund\u2019s net asset value per Common Share at the close of trading on the NASDAQ Global Select Market on the Expiration Date. Common Shares will be issued promptly after receipt of all shareholder payments and completion of the pro-rata allocation of Common Shares in respect of the oversubscription privilege.<\/p>\n

Gross proceeds of the Offer are expected to be approximately $37,000,000. The Fund intends to invest the net proceeds of the Offer in accordance with its investment objectives and policies.<\/p>\n

\n This document is not an offer to sell any securities and is not soliciting an offer to buy any securities in any jurisdiction where the offer or sale is not permitted. This document is not an offering, which can only be made by a prospectus. Investors should consider the Fund\u2019s investment objectives, risks, charges and expenses carefully before investing. Such information, including other information about the Fund, can be found on file with the Securities and Exchange Commission and should be read carefully before investing.<\/strong>\n <\/p>\n

\n About ArrowMark Financial Corp.\u00a0<\/strong>\n <\/p>\n

ArrowMark Financial Corp.\u00a0is an\u00a0SEC\u00a0registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol \u201cBANX.\u201d Its investment objective is to provide shareholders with current income. The Fund pursues its objective by investing primarily in regulatory capital securities of financial institutions.\u00a0ArrowMark Financial\u00a0is managed by\u00a0ArrowMark Asset Management, LLC. To learn more, visit\u00a0ir.arrowmarkfinancialcorp.com<\/a>\u00a0or contact the Fund\u2019s secondary market service agent at 877-855-3434.<\/p>\n

For information about the Fund, please contact your financial advisor.<\/p>\n

Contact:<\/p>\n

BANX@destracapital.com
Destra Capital Advisors LLC
(877) 855-3434<\/p>\n\n\n\n
NOT FDIC INSURED<\/td>\nNO BANK GUARANTEE<\/td>\nMAY LOSE VALUE<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

DENVER, Feb. 19, 2026 (GLOBE NEWSWIRE) — ArrowMark Financial Corp. (NASDAQ: BANX) (the \u201cFund\u201d) announced the preliminary results of its transferable rights offering (the \u201cOffer\u201d). The Offer commenced on January 22, 2026, and expired on February 18, 2026 (the \u201cExpiration Date\u201d).\u00a0 The Offer entitled rights holders to subscribe for up to an aggregate of 2,604,156 of the Fund\u2019s shares of common stock, par value $0.001 per share (\u201cCommon Shares\u201d). The subscription price was $19.79 per Common Share and was determined based upon 90% of the Fund\u2019s net asset value per Common Share at the close of trading on the NASDAQ Global Select Market on the Expiration Date. Common Shares will be issued promptly after receipt of all shareholder payments and … <\/p>\n

Continue reading “ArrowMark Financial Corp. (NASDAQ: BANX) Announces the Preliminary Results of its Rights Offering”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-938341","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nArrowMark Financial Corp. 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