Filing by Certain Investment Companies of Rule 482 Advertising in Accordance With Rule 497 and the Note to Rule 482(e) (497ad)
30 November 2021 - 10:09PM
Edgar (US Regulatory)
Filed pursuant to Rule 497
File No. 333-237583
Rule 482ad
EAGLE POINT INCOME COMPANY INC. ANNOUNCES PARTIAL
EXERCISE AND CLOSING OF OVERALLOTMENT OPTION IN OFFERING OF COMMON STOCK
GREENWICH, Conn. – November 30, 2021 –
Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA) today announced, in connection with its previously disclosed
underwritten public offering of 600,000 shares of its common stock (the “Common Stock”) at a public offering price of $18.45
per share that closed on November 2, 2021, that B. Riley Securities, Inc., the underwriter of such offering, has partially exercised its
overallotment option to purchase an additional 48,000 shares of Common Stock. The exercise of the overallotment option resulted in additional
net proceeds to the Company of approximately $0.9 million after payment of underwriting discounts and commissions.
B. Riley Securities, Inc. acted as the sole bookrunning
manager for the offering.
Investors
should consider the Company’s investment objectives, risks, charges, and expenses carefully before investing. The 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 prospectus supplement, the accompanying prospectus and this press release is not complete and may be changed. The 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 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.
Source: Eagle Point Income Company Inc.
Investor Relations:
ICR
203-340-8510
ir@EaglePointIncome.com
www.eaglepointincome.com
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