Welcome to our dedicated page for Ruby Tuesday news (Ticker: RT), a resource for investors and traders seeking the latest updates and insights on Ruby Tuesday stock.
News associated with the ticker RT relates to transferable rights offerings by closed-end funds whose common shares trade on U.S. exchanges. In these transactions, funds issue rights to existing common shareholders, and those rights trade on an exchange under symbols that combine the fund’s main ticker with the suffix RT. Announcements describe the rationale for the offering, the terms of the rights, and the expected trading and expiration dates.
Press releases outline how many rights are granted per common share, how many rights are needed to purchase one new common share, and how the subscription price will be calculated. They also explain whether record date shareholders who fully exercise their rights will have an over-subscription privilege to request additional shares not taken up in the primary subscription. These details are important for investors evaluating whether to exercise, sell, or ignore the rights.
News items also describe when the rights are expected to trade "when issued," when the fund’s common shares will trade "Ex-Rights," and when the rights are expected to begin normal settlement under the RT-designated symbol. The announcements emphasize that the definitive terms are contained in a prospectus supplement and accompanying prospectus filed with the U.S. Securities and Exchange Commission.
For users following RT-related news, this page highlights official fund communications about rights offerings, including subscription formulas, record dates, expiration dates, and any stated effects on distributions. Investors can use this information to understand the mechanics of each offering and how the temporary rights trading under an RT symbol fit into the fund’s capital-raising plans.
M-tron Industries (RT) extended its previously announced rights offering expiration from April 15, 2026 to 5:00 p.m. ET on April 20, 2026 to facilitate administration. All other terms remain unchanged: 5 Rights required per share, subscription price $59.00 per share, over-subscription privilege available, and no fractional shares.
Exercise notices and payments must be received by Computershare Trust Company, N.A. by the new deadline; holders in street name should contact their brokers. Prospectus supplement filed March 30, 2026 contains full details.
TCW Strategic Income Fund (NYSE:RT) announced a transferable rights offering for common stockholders of record as of February 19, 2026, offering one Right per share with three Rights required to subscribe for one new share. The Subscription Price equals 92.5% of a five-day average of NYSE closing prices, with an 88% NAV floor.
The Rights are expected to trade when issued beginning February 18, 2026, expire March 18, 2026, and settle by March 25, 2026. The Fund also declared a March distribution of $0.0217 (payable March 31) and an April distribution of $0.0283 (payable April 30), a 30.77% increase from March.
Cohen & Steers Infrastructure Fund (NYSE: UTF) has announced a transferable rights offering to existing shareholders. The Fund will issue one transferable right for each common share held as of September 22, 2025, with five rights required to purchase one new common share at the Subscription Price.
The Subscription Price will be set at 95% of the average closing price over the final five trading days of the offer, or 90% of NAV if that amount is higher. The offering is expected to expire on October 16, 2025. Record Date Stockholders who fully exercise their rights will have an over-subscription privilege for unsubscribed shares.
The Advisor believes this is an opportune time to raise capital due to attractive infrastructure valuations, particularly in sectors benefiting from AI and data center growth. Notably, all offering expenses will be borne by the Advisor, not the Fund.
ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) has announced a 1-for-3 transferable rights offering to existing stockholders. The Fund will distribute one transferable right for each share held as of September 12, 2025. Shareholders will need three rights plus the subscription price to purchase one additional common stock share.
The subscription price will be set at 92.5% of the average closing price over the final five trading days, with a minimum of 90% of NAV. The rights are expected to trade on NYSE starting September 11, 2025, with the offer expiring on October 10, 2025. Record date stockholders who fully exercise their rights will be eligible for an over-subscription privilege for any remaining shares.
Nuveen Credit Strategies Income Fund (NYSE: JQC) announced updates regarding its ongoing transferable Rights Offering that began March 31, 2025. The fund's transferrable subscription rights (NYSE: JQC RT) will be suspended from NYSE trading before market open on April 7, 2025, due to trading below $0.01.
The rights are expected to transition to trading on the OTC Market under ticker symbol 'JQCNR' starting April 7, 2025, though market development and pricing are not guaranteed. While NYSE may reinstate rights trading at its discretion, there's no guarantee of reinstatement.
The fund is part of Nuveen's closed-end funds portfolio, which manages $53 billion across 45 CEFs as of December 31, 2024, focusing on income-focused investors seeking regular distributions.
Western Asset Global High Income Fund Inc. (NYSE: EHI) has announced a transferable rights offering to acquire additional shares of common stock. The offer aims to benefit the Fund and its stockholders by increasing assets, potentially improving the expense ratio, and enhancing stock liquidity. Key terms include:
- One transferable right for each share held on September 9, 2024
- Three rights plus subscription price required to purchase one additional share
- Subscription price set at 92.5% of average last reported sales price over 5 days
- Over-subscription privilege for record date stockholders
- Rights expected to trade on NYSE from September 6, 2024
- Offer expires on October 8, 2024
The final terms will be detailed in a prospectus supplement and accompanying prospectus.
Summary not available.
The Gabelli Global Utility & Income Trust (NYSE American: GLU) has extended its transferable rights offering, allowing record date shareholders to purchase additional common shares until June 29, 2022. Shareholders receive one transferable right for each common share held as of the record date (May 12, 2022). Four rights plus $16.00 are required to purchase one additional share. Rights will trade on NYSE American, with an expiration at 5:00 PM ET on June 29, 2022. Proceeds from the offering may be used for investments or to redeem outstanding preferred shares.
The Gabelli Global Utility & Income Trust (NYSE American: GLU) has announced a transferable rights offering for its record date common shareholders. Each shareholder will receive one right for each common share held, allowing them to purchase additional shares at a subscription price of $16.00 for every four rights. The offering will begin trading on May 10, 2022, with an expiration date of June 23, 2022. The Fund, managing $160 million in net assets, aims to provide consistent after-tax returns with a focus on tax-advantaged dividend income.