Eagle Point Income Company Inc. Announces Offering of Common Stock
28 Oktober 2021 - 10:10PM
Business Wire
Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC,
EICA) today announced that it has commenced an underwritten public
offering of its common stock (the “Common Stock”). The public
offering price and other terms are to be determined by negotiations
between the Company and the underwriter. In addition, the Company
plans to grant the underwriter a 30-day option to purchase
additional shares of Common Stock on the same terms and conditions
to cover over-allotments, if any.
The Common Stock is listed on the New York Stock Exchange under
the symbol “EIC.”
B. Riley Securities, Inc. is serving as the Sole Bookrunner for
the offering.
Investors should consider the Company’s investment
objectives, risks, charges, and expenses carefully before
investing. The preliminary prospectus supplement dated October 28,
2021 and the accompanying prospectus dated May 29, 2020, which have
been filed with the Securities and Exchange Commission (“SEC”),
contain this and other information about the Company and should be
read carefully before investing. The information in the
preliminary prospectus supplement, the accompanying prospectus and
this press release is not complete and may be changed. The
preliminary prospectus supplement, the accompanying prospectus and
this press release are not offers to sell these securities and are
not soliciting an offer to buy these securities in any state where
such offer or sale is not permitted.
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 SEC. The offering may be made
only by means of a prospectus and a related prospectus supplement,
copies of which may be obtained by writing B. Riley Securities,
Inc., Attention: Prospectus Department, 1300 17th Street North,
Suite 1300, Arlington, Virginia 22209, by telephone at (703)
312-9580 or by email at prospectuses@brileyfin.com; copies may also
be obtained for free by visiting EDGAR on the SEC’s website at
http://www.sec.gov.
ABOUT EAGLE POINT INCOME COMPANY
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 35% of its total assets (at
the time of investment) in CLO equity securities. The Company is
externally managed and advised by Eagle Point Income Management
LLC.
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 SEC. The
Company undertakes no duty to update any forward-looking statement
made herein. All forward-looking statements speak only as of the
date of this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20211028006189/en/
Investor Relations: ICR 203-340-8510 ir@EaglePointIncome.com
www.eaglepointincome.com
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