Welcome to our dedicated page for RENN Fund ord news (Ticker: RCG), a resource for investors and traders seeking the latest updates and insights on RENN Fund ord stock.
RENN Fund Inc. (NYSE American: RCG) is a non-diversified, closed-end management investment company in the financial services sector. Its public communications focus on providing shareholders with information about distributions, shareholder meetings, and capital actions related to the Fund’s long-term, value-oriented investment strategy.
News about RENN Fund Inc. frequently centers on its year-end distributions. The Fund regularly announces record dates, pay dates, and ex-dividend dates for these distributions, sometimes in two stages: first setting the record and pay dates, and later specifying the per-share distribution rate. These releases also reiterate key risk disclosures, including that fund shares are subject to investment risk and that no fund is a complete investment program.
Another recurring news theme involves shareholder relations and governance. The Fund issues proxy-related communications, such as notices of annual meetings of shareholders and definitive proxy statements. These documents outline proposals to elect directors, ratify the appointment of the Fund’s independent auditor, and describe how shareholders can vote by mail, telephone, internet, or by attending the annual meeting in person or virtually via live audio webcast.
Capital structure updates also appear in the news record. For example, the Fund has reported on the results of a non-transferable rights offering, including total gross proceeds, subscription levels, and the resulting number of common shares outstanding. Such announcements provide insight into how the Fund raises capital and manages its share base.
Investors and analysts following RCG news can use this page to review a history of distribution declarations, rights offerings, and governance-related announcements. Because these topics directly affect cash flows to shareholders, voting rights, and the Fund’s capital structure, monitoring RENN Fund Inc. news can be relevant for understanding how its value-oriented strategy is implemented over time.
RENN Fund (NYSE MKT: RCG) announced a record date of December 16, 2025 for its year-end distribution and a pay-date of December 29, 2025. The Fund said it will announce the distribution rate per share on or about December 16, 2025. Because the per-share rate is not available before the record date, the Fund will trade with due bills beginning December 16, 2025 and through the last business day prior to the NYSE-established ex-date. The NYSE will set the ex-date after the per-share rate is announced. The Fund cautioned that shares are subject to investment risk and provided a link for additional information.
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
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