MVC Capital Receives Notice From NYSE
21 June 2016 - 8:50PM
MVC Capital, Inc. (NYSE:MVC), a publicly traded business
development company that makes private debt and equity investments,
received notice on June 15, 2016 from the New York Stock Exchange
that it is out of compliance with the continued listing
requirements under the timely filing criteria set forth in Section
802.01E of its Listed Company Manual. Such notices are routinely
issued by the NYSE in situations when there are late filings with
the U.S. Securities and Exchange Commission.
As previously disclosed on Form 12b-25 filed with
the SEC on June 10, 2016, MVC requires additional time to complete
its Form 10-Q for the fiscal quarter ended April 30, 2016 (the
"4/30/16 10-Q") for the reasons stated in such filing.
The specific timing for the filing of the 4/30/16
10-Q is not yet known, but it is currently expected to be filed as
soon as practicable after the investigation into the allegations
discussed in the Form 12b-25 is complete.
MVC-G
About MVC Capital, Inc.
MVC Capital is a Business Development Company
traded on the New York Stock Exchange that provides long-term debt
and equity investment capital to fund growth, acquisitions and
recapitalizations of companies in a variety of industries.
Safe Harbor Statement
The information contained in this press release
contains forward-looking statements. These forward-looking
statements are subject to the inherent uncertainties in predicting
future results and conditions. Certain factors could cause actual
results and conditions to differ materially from those projected in
these forward-looking statements, including: the timing of the
filing of the 4/30/16 10-Q; the actual financial results to be
contained in the report; and changes in economic or financial
market conditions and other factors that are enumerated in the
Company's periodic filings with the Securities and Exchange
Commission. MVC Capital disclaims and does not undertake any
obligation to update or revise any forward-looking statement in
this press release.
CONTACT:
Investor Relations Inquiries
Jackie Rothchild
914-510-9400
KCSA Strategic Communications
Jeffrey Goldberger / Brad Nelson
212-896-1249 / 212-896-1217
Media Inquiries
Patrick Scanlan
Sard Verbinnen & Co
212-687-8080
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