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Mill City Ventures III Ltd - MCVT STOCK NEWS

Welcome to our dedicated news page for Mill City Ventures III (Ticker: MCVT), a resource for investors and traders seeking the latest updates and insights on Mill City Ventures III.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mill City Ventures III's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mill City Ventures III's position in the market.

Rhea-AI Summary
Mill City Ventures III, Ltd. extended an additional $1 million of short-term loan principal to Mustang Funding LLC and refinanced earlier provided short-term loan principal. The total amount of capital committed to Mustang is now $8 million. The principal amount of all short-term loans accrues interest at 15% per annum and becomes due and payable by May 31, 2024, or 90 days after any termination of discussions for the combination transaction. Mustang expects to benefit from the merger by accessing public markets for capital and presenting investors with the ability to participate in a differentiated, Nasdaq-listed, litigation finance company.
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1.35%
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4.09%
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-8.44%
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4.04%
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5.5%
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-19.48%
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-2.2%
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0.64%
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-5.42%
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Mill City Ventures III Ltd

Nasdaq:MCVT

MCVT Rankings

MCVT Stock Data

16.28M
2.11M
64.22%
0.45%
0.19%
International Trade Financing
Finance and Insurance
Link
United States
Wayzata