Blackhawk Capital Group BDC, Inc. Announces Equity Investment Subscription
Mr. Zabala further noted: "Prior to the date hereof, Blackhawk reported
Mr. Zabala then concluded: "To date, ESI and Blackhawk have executed two
Agreements for the purchase by ESI of an aggregate of 1,000,000 shares for a
total purchase price of
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any security. The securities are being offered pursuant to a private placement memorandum. Blackhawk will file a Form D with the Securities and Exchange Commission pursuant to Rule 506 under Regulation D under the Securities Act of 1933 when sales of shares are closed. The securities have not been registered under any state securities laws. Neither the Securities and Exchange Commission nor any state securities commission has in any way passed upon the merits of, or given approval to, guaranteed or recommended the securities offered by Blackhawk or the terms of the offering or has determined that the securities are exempt from registration, or made any finding that the statements in the private placement memorandum are accurate or complete.
Blackhawk is a business development company registered under the
Investment Company Act of 1940 and was formed in
Safe Harbor Statement
Information contained in this release, other than historical information,
should be considered forward-looking, and may be subject to inherent
uncertainties in predicting future results and conditions. These statements
reflect Blackhawk's current beliefs and are subject to a number of risk-
factors, including: general economic and investment conditions which affect
Blackhawk and its operations (including its portfolio company); need for
equity capital and no assurance it can be obtained; valuation and illiquid
nature of any portfolio investments; no assurance that equity subscription
agreements will close; high degree of risk from investing in private
companies; the regulated environment in which we operate; and the competitive
market for investment capital and opportunities. Please see Blackhawk's Form
10-K for the fiscal year ended
Contact: Blackhawk Capital Group BDC, Inc. Dr. Craig A. Zabala President and Chief Executive Officer (212) 566-8300
SOURCE Blackhawk Capital Group BDC, Inc.
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