ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of December 2022
February 03 2023 - 4:45PM
ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial" or
the “Company”), today announced that the Company’s estimated and
unaudited Net Asset Value (“NAV”) as of December 31, 2022, was
$20.79. This NAV reflects the regular fourth quarter dividend of
$0.39 per share plus the special dividend of $0.10 per share.
This estimated NAV is not a comprehensive
statement of our financial condition or results for the month ended
December 31, 2022. We advise you that our audited NAV for December
31, 2022, will be released as part of our normal quarterly earnings
process and may differ materially from this estimated NAV.
About ArrowMark Financial
Corp.
ArrowMark Financial is an SEC registered
non-diversified, closed-end investment company listed on the NASDAQ
Global Select Market under the symbol "BANX.” Its investment
objective is to provide stockholders with current income. ArrowMark
Financial is managed by ArrowMark Asset Management, LLC. To learn
more, visit ir.arrowmarkfinancialcorp.com.
Disclaimer and Risk Factors:
There is no assurance that ArrowMark Financial
will achieve its investment objective. ArrowMark Financial is
subject to numerous risks, including investment and market risks,
management risk, income and interest rate risks, banking industry
risks, preferred stock risk, convertible securities risk, debt
securities risk, liquidity risk, valuation risk, leverage risk,
non-diversification risk, credit and counterparty risks, market at
a discount from net asset value risk and market disruption risk.
Shares of closed-end investment companies may trade above (a
premium) or below (a discount) their net asset value. Shares of
ArrowMark Financial may not be appropriate for all investors.
Investors should review and consider carefully ArrowMark
Financial's investment objective, risks, charges and expenses. Past
performance does not guarantee future results.
The Annual Report, Semi-Annual Report and other regulatory
filings of the Company with the SEC are accessible on the SEC's
website at www.sec.gov and on the Company's
website at ir.arrowmarkfinancialcorp.com.
Contact:
Emilie Dahlke212-468-5441
investorrelations@arrowmarkfinancialcorp.com
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