DALLAS, Aug. 20, 2021 (Globe NEWSWIRE) — NexPoint Capital, Inc. (the “Company”), a non-traded publicly registered enterprise progress enterprise sponsored and managed by NexPoint Advisors, L.P., currently introduced that it will begin a voluntary tender offer on or about August 20, 2021 (the “Tender Offer”) for up to 2.5% of its remarkable popular stock (“Shares”).
The purchase price of every Share will be (i) not less than the web asset benefit (“NAV”) for each Share of the Company’s prevalent stock (“NAV Per Share”) (as identified in excellent religion by the board of administrators of the Organization or a committee thereof, in its sole discretion) upcoming calculated adhering to the Expiration Day (as outlined in the Supply to Acquire) (the date of repurchase) and (ii) not extra than 2.5% larger than the NAV For every Share as of this kind of date, in addition any unpaid dividends accrued by means of the expiration date of the Tender Present.
This announcement is not a suggestion, an offer you to order or a solicitation of an provide to offer Shares of the Company. The Company has filed with the Securities and Exchange Commission (“SEC”) a tender supply assertion on Agenda TO and associated displays, such as an give to acquire, a connected letter of transmittal, and other similar paperwork (the “Tender Offer Documents”). The Tender Supply Paperwork will be despatched by mail to holders of the Shares. Shareholders of the Corporation may well get hold of added copies of the Tender Supply Files for the Corporation, without the need of demand, by making contact with the Tender Agent for the Tender Present, DST Devices, Inc., at 1-844-485-9167. Shareholders can also obtain the Tender Offer Files totally free of demand on the SEC’s internet site at www.sec.gov. Shareholders really should browse these documents and similar displays, as the files include important information about the Company’s Tender Provide.
Tender Give Queries and Further Data
Any questions concerning the Tender Offer you can be directed to the Company’s Tender Agent, DST Methods, Inc., at 1-844-485-9167. The Company’s NAV For every Share, $6.42 as of August 6, 2021 (the very last Board-accredited NAV), as well as other information and facts, such as details about management and the healthcare-targeted expense technique, are obtainable at www.nexpointcapital.com. The facts on or obtainable by www.nexpointcapital.com is not included by reference herein.
About NexPoint Funds, Inc.
NexPoint Capital, Inc. is a non-traded, publicly registered small business improvement corporation sponsored and managed by NexPoint Advisors, L.P.
About NexPoint Advisors, L.P.
NexPoint Advisors, L.P. (“NexPoint Advisors”) is an SEC-registered adviser on the NexPoint different investment system (“NexPoint”). NexPoint Advisors serves as the adviser to a suite of cash and financial investment automobiles, together with a shut-end fund, interval fund, enterprise improvement business (“BDC”), and many actual estate motor vehicles. For more data take a look at www.nexpointgroup.com.
Besides for the historical facts and discussions contained herein, statements contained in this news release constitute forward-on the lookout statements. These statements might contain a range of dangers, uncertainties, and other aspects that could result in actual outcomes to vary materially, which include the functionality of economic marketplaces, the investment decision general performance of NexPoint Advisors’ sponsored expenditure solutions, common economic ailments, potential acquisitions, aggressive ailments, and governing administration laws, which include changes in tax regulations. Viewers really should very carefully think about these elements. More, this kind of forward-seeking statements discuss only on the date at which these statements are made. NexPoint Advisors undertakes no obligation to update any forward-hunting statements to reflect situations or situations after the day of these types of statement.
This material has been dispersed for informational reasons only and need to not be thought of as financial investment assistance or a advice of any unique stability, approach, or financial commitment item. Neither the Firm, nor the Company’s Board of Directors, nor NexPoint Advisors tends to make any advice as to whether to tender or not to tender any Shares in the Tender Offer. No aspect of this material may perhaps be reproduced in any sort, or referred to in any other publication, without convey written permission.
Get hold of Data for Tender Present:
Money Advisors: (855) 498-1580
Shareholders: (844) 485-9167
Media Relations: (972) 419-6272
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