Gabelli Multimedia Trust Inc. (GGT) amended its sales agreement to launch an at-the-market offering of up to 10,000,000 shares of common stock. The Fund may sell shares from time to time through G.research, LLC, in transactions deemed “at the market” under Rule 415. The minimum price on any day will be no less than the then current net asset value per share plus the per share commission payable to the Sales Manager.
The offering is being made under a prospectus supplement dated October 14, 2025 and an accompanying prospectus dated April 19, 2024, as part of the Fund’s effective shelf registration on Form N-2. The Fund commenced sales on October 14, 2025. A legal opinion from Venable LLP and related consents were filed as exhibits.
Mario J. Gabelli, a director and control person of Gabelli Multimedia Trust Inc. (GGT), made a small open-market purchase of 152 shares of GGT common stock at $4.24 per share on 09/02/2025, increasing his reported direct beneficial ownership to 1,020,654 shares. The filing also discloses indirect holdings attributable to entities linked to Mr. Gabelli: 432,582 shares via Associated Capital Group, Inc., 2,918 shares via Gabelli & Company Investment Advisers, Inc., 1,171,396 shares via GGCP, Inc., and 33,500 shares via GPJ Retirement Partners.