RENN Fund, Inc. Announces Record Date For Year End Distribution 2025

Rhea-AI Summary

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.

Positive

• Record date set for December 16, 2025
• Pay-date confirmed as December 29, 2025
• Fund will announce per-share distribution rate on Dec 16, 2025

Negative

• Distribution rate per share not disclosed before the record date
• Shares will trade with due bills, complicating dividend capture

Key Figures

Record date December 16, 2025 Year-end distribution record date

Pay date December 29, 2025 Year-end distribution payment date

Current price $2.52 Prior to distribution record-date news

52-week range $2.11–$2.88 52-week low and high for RCG

Insider direct holdings 130,094 shares Direct beneficial ownership after 12/02/2025 purchases

Insider purchase 360 shares at $2.55 Direct purchase on 12/02/2025

Insider purchase blocks 360, 18, 18 shares Multiple purchases on 12/02/2025 Form 4

Market cap $18,100,728 Equity value at current price

Market Reality Check

$2.52 Last Close

Volume Volume 19,571 is about 1.88x the 20-day average of 10,385 shares. high

Technical Price at 2.52 is trading below the 200-day MA of 2.61.

Peers on Argus 1 Up 1 Down

Sector peers show mixed moves, with CWD down and RMCO up, suggesting RCG’s setup is more stock-specific than part of a broad asset-management move.

Regulatory & Risk Context

Short Interest

0%

0% 15% 30%+

Reported short interest is 0% of float with days to cover at 2.31.

Market Pulse Summary

This announcement sets a clear timetable for RCG’s year-end distribution, with a record date of December 16, 2025 and pay date on December 29, 2025, while the per-share rate will be disclosed closer to the record date. The fund will trade with due bills around this period. Investors may track upcoming disclosures on the final distribution rate, alongside recent insider buying activity and the fund’s positioning below its 200-day MA as context.

Key Terms

record date financial

"announced today a record date for the Fund's year-end distribution."

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

year-end distribution financial

"announced today a record date for the Fund's year-end distribution."

A year-end distribution is a payment made to investors at the close of a financial year, often representing profits or accumulated earnings from an investment. It’s similar to receiving a bonus or dividend at the end of a period, providing investors with a way to realize some of their returns. This distribution can influence an investor’s income and tax situation, making it an important factor to consider when managing investments.

due bills financial

"the Fund will trade with due bills beginning December 16, 2025, and up through..."

Due bills are short-term promises to pay for goods or services received earlier but not yet paid for. They act like an IOU, indicating that the buyer owes money to the seller. For investors, due bills matter because they can affect the timing of payments and the true value of a transaction, impacting financial clarity and decision-making.

Ex-Date financial

"including the last business day prior to the New York Stock Exchange established Ex-Date."

The ex-date is the specific day when a stock stops trading with the right to receive an upcoming dividend or other benefit. If you buy the stock on or after this date, you won't get the upcoming payout; instead, the seller will. It’s like a cut-off point that determines who is entitled to receive the benefits of a company’s distribution to shareholders.

portfolio characteristics financial

"including performance and portfolio characteristics, is available at..."

Portfolio characteristics are the key features that describe the overall makeup of an investment collection, such as its size, diversity, risk level, and growth potential. They help investors understand how the collection behaves and how it might perform in different situations, much like knowing the ingredients and texture of a recipe helps predict how it will taste. Recognizing these traits allows investors to make informed decisions aligned with their goals and comfort level.

AI-generated analysis. Not financial advice.

NEW YORK CITY, NEW YORK / ACCESS Newswire / December 4, 2025 / The RENN Fund, Inc. (NYSE MKT:RCG) (the "Fund") announced today a record date for the Fund's year-end distribution. The record date will be December 16, 2025 and Pay-Date of December 29, 2025. The Fund will make an announcement on or about December 16, 2025 with the distribution rate per share. As the per share rate will not be available prior to the record date, the Fund will trade with due bills beginning December 16, 2025, and up through and including the last business day prior to the New York Stock Exchange established Ex-Date. The New York Stock Exchange will set the Ex-Date once the per share rate has been announced.

Disclosures:

Fund shares are subject to investment risk, including possible loss of principal invested. No fund is a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors. Additional information about the Fund, including performance and portfolio characteristics, is available at https://horizonkinetics.com/investment-strategies/renn-fund-inc-nyse-rcg/.

About Horizon Kinetics LLC

Horizon Kinetics Holding Corporation (OTC:HKHC), through its subsidiary investment manager, Horizon Kinetics Asset Management LLC ("Horizon"), is an investment advisory firm and the Investment Advisor to the Fund. Horizon provides independent proprietary research and investment advisory services for long-only and alternative value-based investing strategies, including the full suite of Kinetics Mutual Funds, Inc. The firm has offices in New York City, White Plains, New York and Summit, New Jersey. For more information, please visit Horizon's websites below:

http://www.horizonkinetics.com
http://www.kineticsfunds.com.

Contact:
Jay Kesslen
Email: jkesslen@horizonkinetics.com
Phone: (646) 495-7333

SOURCE: RENN FUND INC

View the original press release on ACCESS Newswire

FAQ

What is the RCG record date for the year-end distribution?

The record date is December 16, 2025.

When will RCG shareholders receive the year-end distribution payment?

The pay-date is scheduled for December 29, 2025.

Has RCG announced the per-share distribution rate for 2025?

No; the Fund will announce the per-share distribution rate on or about December 16, 2025.

What does it mean that RCG will trade with due bills starting December 16, 2025?

Trading with due bills means shares bought on or after Dec 16, 2025 may carry entitlement adjustments until the ex-date is set.

When will the NYSE set RCG's ex-date for the distribution?

The NYSE will set the ex-date after the Fund announces the per-share rate, likely shortly after Dec 16, 2025.

Where can investors find more information about RCG performance and distributions?

Additional information is available at the Fund's investor information webpage: https://horizonkinetics.com/investment-strategies/renn-fund-inc-nyse-rcg/.