Ladenburg Thalmann & Co., Inc. Underwrites $18 Million IPO for Full Circle Capital Corporation
Blank Rome represented the underwriters, Ladenburg Thalmann & Co. Inc., as the sole book running manager for Full Circle Capital Corporation's initial public offering of 2,000,000 shares for gross proceeds of $18 million. The transaction closed on September 7, 2010.
Full Circle is an externally managed closed-end investment management company that has elected to be treated as a business development company under the Investment Company Act of 1940, with the objective to generate both current income and capital appreciation through debt and equity investments.