The Tender Offer is expected to be commenced on
Based on the number of shares tendered and the prices specified by the tendering shareholders, MVC will determine the lowest per-share price that will enable it to acquire up to
"This tender offer announcement reflects our continued commitment to enhancing value for all of our shareholders, as well as our confidence in
the future of the Company," said
Certain Information Regarding the Tender Offer
The information in this press release describing MVC's Tender Offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell shares of MVC's common stock in the Tender Offer. Moreover, the distribution of this press release does not constitute the commencement of the Tender Offer. The Tender Offer will commence only if and when MVC makes the required filings with the
The Tender Offer, when and if it commences, will be made pursuant to the Offer to
Safe Harbor Statement and Other Disclosures
The information contained in this press release contains forward-looking statements, including with respect to the commencement of the Company's intended Tender Offer, and its commitment to value enhancement, generating total returns and return of capital to shareholders. These forward-looking statements are subject to the inherent uncertainties in predicting future events, activities, results and circumstances. Certain factors could cause actual events, activities, results and circumstances to differ materially from those contained in these forward-looking statements, including, among other things: the ability of the Company to execute on its strategy for delivering long-term value to shareholders, and the risks relating thereto, as previously disclosed; currently unforeseen events that could affect the timing of the Tender Offer or its expiration or cause the Company to determine not to commence the Tender Offer; general economic, business and market conditions; and other factors identified under "Risk Factors" in the Company's periodic reports that it files with the Securities and Exchange Commission.
There are a variety of factors that impact whether and to what extent the Company will repurchase shares, some of which are recited above, and there can be no assurance that the Company will repurchase shares in the future, or the amount and price of any such repurchases.
There can be no assurance that MVC will achieve its investment objectives. There is no assurance that the market price of MVC's shares, either absolutely or relative to net asset value, will increase as a result of any of the activities discussed in this release, or otherwise that the plan will enhance shareholder value over the long-term. The Company assumes no duty to update any of the disclosures contained in this press release.
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