Gabelli Equity Trust cuts rights offering subscription price to $5 per share

Reuters04-01

Gabelli Equity Trust cuts rights offering subscription price to $5 per share

Gabelli Equity Trust cut subscription price in its rights offering to $5.00 per share from $5.50.
Offer expiration date extended to April 21, 2026, 5:00 p.m. ET.
Ten rights allow holders to buy one common share.
Rights will continue trading on NYSE through April 20, 2026.
Subscriptions previously submitted through brokers will be canceled; holders must resubscribe to participate at revised price.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Gabelli Equity Trust Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603311748PRIMZONEFULLFEED9682200) on March 31, 2026, and is solely responsible for the information contained therein.

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