GSV Announces Pricing of Follow-On Offering
September 27 2011 - 7:00AM
GSV Capital Corp. (Nasdaq:GSVC) today announced that it has priced
a follow-on offering of 1,900,000 shares of its common stock at
$14.15 per share. The underwriters have been granted a 30-day
option to purchase up to an additional 285,000 shares of common
stock.
Citigroup Global Markets Inc. is acting as sole book-running
manager for the offering. Lazard Capital Markets, Ladenburg
Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann
Financial Services Inc. (NYSE AMEX:LTS), and Janney Montgomery
Scott are acting as co-managers.
A registration statement (including a preliminary
prospectus) relating to these securities has been declared
effective by the Securities and Exchange Commission on September
26, 2011. The offering and sale of these securities will be made
solely by means of a written prospectus forming part of the
effective registration statement, copies of which may be obtained
when available by mail from Citigroup Global
Markets Inc., Brooklyn Army Terminal, 140 58th Street, 8th floor,
Brooklyn, NY 11220, by phone at (800) 831-9146 or by email at
batprospectusdept@citigroup.com. Investors should consider the
investment objective, risks, and charges and expenses of the
Company carefully before investing. The prospectus, dated
September 26, 2011, which is filed with the Securities and Exchange
Commission, contains this and other information about the
Company. Investors should read the prospectus carefully
before investing.
This press release is for informational purposes only and shall
not constitute an offer to sell or a solicitation of an offer to
buy these securities, nor shall there be any sale of these
securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About GSV Capital Corp.
GSV Capital Corp. (Nasdaq:GSVC) is a publicly traded investment
fund that seeks to invest primarily in high growth, venture backed
private companies. GSV Capital is structured as a closed-end
investment company that has elected to be treated as a business
development company under the Investment Company Act of 1940. GSV
Capital is headquartered in Woodside, CA.
Forward-Looking Statements
Statements included herein may constitute "forward-looking
statements," which relate to future events or our future
performance or financial condition. These statements are not
guarantees of future performance, condition 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 from time to time
in our filings with the Securities and Exchange
Commission. GSV Capital Corp. undertakes no duty to update any
forward-looking statements made herein.
CONTACT: GSV Contacts:
Investors:
Alex Wellins
(415) 217-5861
alex@blueshirtgroup.com
Media:
Kim Hughes
(415) 516-6187
kim@blueshirtgroup.com
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