KCAP Financial, Inc. KCAP
("KCAP") today announced that it has priced a public offering of 4,750,000
shares of its common stock at a public offering price of $9.75 per share for
total gross proceeds of $46,312,500. KCAP intends to use the net proceeds of
this public offering for general corporate purposes, which includes investing
in portfolio companies and collateralized loan obligation funds in accordance
with its investment objective and strategies.
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