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RENN Fund Inc (RCG) is a closed-end investment company employing a long-term value strategy through diversified financial instruments. This news hub provides investors with centralized access to official corporate communications and market-moving developments.
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Bookmark this page for streamlined monitoring of RENN Fund's value-oriented approach and closed-end structure advantages. Verify all positions through multiple official sources before making financial decisions.
FRMO Corp reported significant financial growth in Q2 FY2025. Total book value reached $821.4 million ($18.66 per diluted share) as of November 30, 2024, including $407.8 million in non-controlling interests. Net income attributable to the Company surged to $136.9 million ($3.11 per diluted share) compared to $4.7 million ($0.11 per diluted share) year-over-year.
Current assets increased to $626.1 million, primarily consisting of cash, equivalents, and equity securities. The company's significant net income increase was attributed to a specific equity security investment. FRMO appointed Melinda J. Newman to its Board of Directors, bringing the total to nine members, with five being independent.
The RENN Fund (NYSE MKT:RCG) has declared a year-end distribution of $0.022371 per share. The distribution will be payable on December 27, 2024, to stockholders of record on December 16, 2024, with an Ex-Date of December 18, 2024. The Fund reminds investors that shares are subject to investment risk, including possible loss of principal invested, and that no fund represents a complete investment program.
RENN Fund (NYSE American:RCG) has announced key dates for its year-end distribution. The record date is set for December 16, 2024, with a pay date of December 27, 2024. The Fund will announce the distribution rate per share around December 23, 2024. Due to the pending rate announcement, the Fund will trade with due bills starting December 16, 2024, through the last business day before the NYSE-established Ex-Date. The Ex-Date will be determined once the per share rate is announced.
RENN Fund, Inc. (NYSE MKT:RCG) has declared a year-end income distribution of $0.003544 per share, payable on December 30, 2022. This distribution is for stockholders of record on December 20, 2022. Trading with due bills will commence on December 16, 2022, continuing until the last business day before the NYSE Ex-Date, which is noted as December 22, 2022. Investors should be aware of the investment risks involved, which may lead to potential principal loss.
The RENN Fund, Inc. (NYSE MKT: RCG) has announced a record date for its year-end distribution, set for December 20, 2022. Should a distribution occur, the pay-date will be December 30, 2022. The distribution rate per share will be disclosed on or about December 21, 2022, with trading including due bills starting December 16, 2022. The New York Stock Exchange will establish the Ex-Date following the announcement of the distribution rate.
The RENN Fund (NYSE MKT: RCG) announced successful results from its non-transferable rights offering, closing on January 21, 2022, and generating approximately
The RENN Fund, Inc. (AMEX: RCG) has declared a year-end income distribution of
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