What pricing condition applies to Gabelli Multimedia Trust’s (GGT) at-the-market share sales?

Each day’s sale price for GGT common stock must be at least the then current net asset value per share plus the per share commission. This condition is designed to ensure sales are not executed below the fund’s daily net asset value, before commissions.

Gabelli Multimedia Trust begins 22M-share ATM offering

Q: How many GGT common shares can be sold under the at-the-market program?

The program permits Gabelli Multimedia Trust to sell up to 22,000,000 shares of common stock. These shares are offered over time in at-the-market transactions through G.research, LLC, rather than in a single, fixed-price underwritten offering.

Q: Who is the sales manager for Gabelli Multimedia Trust’s (GGT) at-the-market offering?

G.research, LLC acts as the sales manager for Gabelli Multimedia Trust’s at-the-market program. Under the amended sales agreement, G.research, LLC arranges the sale of common shares in at-the-market transactions subject to the pricing and other terms described.

Q: What legal opinion supports the legality of GGT’s common stock in this offering?

An opinion from Venable LLP addresses the legality of the common stock offered in the at-the-market program. This legal opinion is filed as Exhibit 5.1, with a related consent included as Exhibit 23.1, and is incorporated into the registration statement.

The Gabelli Multimedia Trust Inc. entered into amendment no.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

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How Sentiment works How the balance works

Form Type

8-K

Rhea-AI Filing Summary

The Gabelli Multimedia Trust Inc. entered into amendment no. 3 to its sales agreement with G.research, LLC, allowing the fund to offer and sell up to 22,000,000 shares of common stock in transactions deemed to be at the market under Rule 415. The common stock has a par value of $0.001 per share.

The minimum sale price on any day will not be less than the then current net asset value per share plus the per share commission paid to the sales manager. The at-the-market offering is being conducted under a prospectus supplement dated July 27, 2026 and an accompanying prospectus dated April 19, 2024, both part of the fund’s effective shelf registration statement on Form N-2 (File No. 333-277213). The fund commenced this offering on July 27, 2026 and filed an opinion of Venable LLP on the legality of the common stock as an exhibit.

Filing Explained

The offering has commenced as a capacity to sell up to 22,000,000 new common shares, not as a completed sale; shares sold under it would increase the share count and reduce existing holders’ percentage ownership.

8-K Event Classification

3 items: 1.01, 8.01, 9.01

3 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

ATM capacity: 22,000,000 shares Par value per share: $0.001 per share Series G preferred coupon: 5.125% +1 more

4 metrics

ATM capacity 22,000,000 shares Maximum common shares that may be offered and sold under the amended sales agreement

Par value per share $0.001 per share Par value of the fund’s common stock eligible for the at-the-market offering

Series G preferred coupon 5.125% Dividend rate on 5.125% Series G Cumulative Preferred Stock listed on NYSE

Series E preferred coupon 5.125% Dividend rate on 5.125% Series E Cumulative Preferred Stock listed on NYSE

Key Terms

at the market, shelf registration statement, Form N-2, net asset value, +1 more

5 terms

at the market regulatory

"transactions deemed to be at the market as defined in Rule 415"

“At the market” describes a method companies use to sell newly issued shares directly into the open market at whatever the current trading price is, usually through a broker who places shares in small amounts over time. Investors care because it can reduce each existing shareholder’s ownership percentage and increase the number of shares outstanding, while giving the company a flexible, quick way to raise cash — like adding single seats to a train instead of buying a whole new carriage.

shelf registration statement regulatory

"part of the Fund’s effective shelf registration statement on Form N-2"

A shelf registration statement is a document a company files with regulators that allows it to sell shares or bonds quickly when it’s a good time to raise money. It’s like having a pre-approved plan ready so the company can act fast without going through lengthy paperwork each time they want to sell, making fundraising more flexible.

Form N-2 regulatory

"part of the Fund’s effective shelf registration statement on Form N-2"

Form N-2 is a U.S. Securities and Exchange Commission filing that investment companies use to register and describe closed-end funds and certain management companies for public investors. It lays out the fund’s purpose, fees, risks, portfolio policies and management team—like a detailed product label for a financial product—so investors can compare offerings, understand costs and risks, and make informed decisions before buying shares.

net asset value financial

"not be less than the then current net asset value per share plus commission"

Net asset value is the total value of an investment fund's assets minus any liabilities, divided by the number of shares or units outstanding. It represents the per-share worth of the fund, similar to how the value of a house is determined by its total worth after debts are subtracted. Investors use it to gauge the true value of their holdings and to compare different investment options.

Cumulative Preferred Stock financial

"5.125% Series G Cumulative Preferred Stock listed on New York Stock Exchange"

Cumulative preferred stock is a type of share that pays fixed dividends and creates an obligation for the company to repay any missed dividend payments later; if the firm skips a dividend, those unpaid amounts build up like an IOU and must be paid to these shareholders before common shareholders receive dividends. Investors care because it offers steadier income and higher priority in the payout order, making it less risky than common stock but still subject to company solvency and interest-rate shifts.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stock offering did Gabelli Multimedia Trust (GGT) initiate on July 27, 2026?

Gabelli Multimedia Trust initiated an at-the-market common stock offering allowing sales of up to 22,000,000 shares. The shares may be sold through G.research, LLC under an amended sales agreement using a Form N-2 shelf registration and related prospectus documents.

How many GGT common shares can be sold under the at-the-market program?

The program permits Gabelli Multimedia Trust to sell up to 22,000,000 shares of common stock. These shares are offered over time in at-the-market transactions through G.research, LLC, rather than in a single, fixed-price underwritten offering.

Under which registration statement is GGT’s at-the-market offering being conducted?

The at-the-market offering is made under Gabelli Multimedia Trust’s effective Form N-2 shelf registration statement, File No. 333-277213. It uses a prospectus dated April 19, 2024 and a prospectus supplement dated July 27, 2026 for the common stock sales.

Who is the sales manager for Gabelli Multimedia Trust’s (GGT) at-the-market offering?

G.research, LLC acts as the sales manager for Gabelli Multimedia Trust’s at-the-market program. Under the amended sales agreement, G.research, LLC arranges the sale of common shares in at-the-market transactions subject to the pricing and other terms described.

What legal opinion supports the legality of GGT’s common stock in this offering?

An opinion from Venable LLP addresses the legality of the common stock offered in the at-the-market program. This legal opinion is filed as Exhibit 5.1, with a related consent included as Exhibit 23.1, and is incorporated into the registration statement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/27/2026 - 04:35 PM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) July 27, 2026

Gabelli Multimedia Trust Inc.

(Exact name of registrant as specified in its charter)

Maryland

811-08476

13-3767317

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

One Corporate Center, Rye, New York		10580
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code (800) 422-3554

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

	☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
	☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	GGT	New York Stock Exchange
5.125% Series G Cumulative Preferred Stock	GGTPrG	New York Stock Exchange
5.125% Series E Cumulative Preferred Stock	GGTPrE	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐ Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01.

Entry into a Material Definitive Agreement.

On July 27, 2026, The Gabelli Multimedia Trust Inc. (NYSE: GGT) (the “Fund”) entered into amendment no. 3 to the sales agreement dated April 16, 2025 (the “Amendment” and the agreement, as so amended, the “Sales Agreement”), between the Fund and G.research, LLC (the “Sales Manager”), pursuant to which the Fund may offer and sell up to 22,000,000 shares of common stock of the Fund, par value $0.001 per share (the “Common Stock”), from time to time, through the Sales Manager, in transactions deemed to be “at the market” as defined in Rule 415 under the Securities Act of 1933, as amended (the “Offering”). The minimum price on any day at which Common Stock may be sold will not be less than the then current net asset value per share plus the per share amount of the commission to be paid to the Sales Manager.

The Offering is being made pursuant to a prospectus supplement, dated July 27, 2026, and the accompanying prospectus, dated April 19, 2024, each of which constitute part of the Fund’s effective shelf registration statement on Form N-2 (File No. 333-277213) previously filed with the Securities and Exchange Commission (the “Registration Statement”).

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment filed with this report as Exhibit 1.1 and incorporated herein by reference.

Item 8.01.

Other Events.

On July 27, 2026, the Fund commenced the Offering pursuant to the Fund’s Registration Statement. A copy of the opinion of Venable LLP relating to the legality of the Common Stock is filed as Exhibit 5.1 to this report.

The Fund incorporates by reference the exhibits filed herewith into the Registration Statement.

Item 9.01.

Financial Statements and Exhibits.

(d)

Exhibits

1.1		Amendment No. 3 to Sales Agreement between the Registrant and G.research, LLC
5.1		Opinion of Venable LLP
23.1		Consent of Venable LLP (included in Exhibit 5.1)
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	THE GABELLI MULTIMEDIA TRUST INC.

Date: July 27, 2026	By:	/s/ John C. Ball
	Name:	John C. Ball
	Title:	President and Treasurer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

7 documents