Gabelli Multimedia Trust Inc. Files 8-K Report

TL;DR

GABELLI MULTIMEDIA TRUST INC. filed an 8-K on 6/28/24 covering material agreements and other events.

AI Summary

On June 28, 2024, The Gabelli Multimedia Trust Inc. filed an 8-K report detailing several events. The company entered into a material definitive agreement, filed financial statements and exhibits, and reported other events. The filing was made on July 1, 2024.

Why It Matters

This 8-K filing indicates significant corporate actions and financial reporting by The Gabelli Multimedia Trust Inc., providing updates to investors.

Risk Assessment

Risk Level: low — This filing is a standard corporate disclosure (8-K) and does not inherently present new risks.

Key Numbers

• 811-08476 — SEC File Number (Identifies the specific filing for The Gabelli Multimedia Trust Inc.)
• 13-3767317 — IRS Employer Identification No. (Tax identification number for the company.)

Key Players & Entities

• GABELLI MULTIMEDIA TRUST INC. (company) — Registrant
• Maryland (jurisdiction) — State of incorporation
• June 28, 2024 (date) — Earliest event reported
• July 1, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $5.00 — nly divisible by four. Four Rights plus $5.00 (the "Subscription Price") will be requ
• $0.001 — tional share of common stock, par value $0.001 per share ("Common Shares") (the "Prima

Filing Documents

• ggt-8k_062824.htm (8-K) — 34KB
• ex5_1.htm (EX-5.1) — 22KB
• ex10-1.htm (EX-10.1) — 364KB
• ex10-2.htm (EX-10.2) — 46KB
• ex99_1.htm (EX-99.1) — 35KB
• ex99_2.htm (EX-99.2) — 42KB
• image_001.gif (GRAPHIC) — 2KB
• image_002.jpg (GRAPHIC) — 3KB
• ex101001.jpg (GRAPHIC) — 16KB
• ex101002.jpg (GRAPHIC) — 3KB
• ex102001.jpg (GRAPHIC) — 228KB
• ex102002.jpg (GRAPHIC) — 2KB
• ex102003.jpg (GRAPHIC) — 4KB
• ex102004.jpg (GRAPHIC) — 14KB
• ex102005.jpg (GRAPHIC) — 2KB
• ex102006.jpg (GRAPHIC) — 3KB
• 0001999371-24-008073.txt ( ) — 1175KB
• ggt-20240628.xsd (EX-101.SCH) — 3KB
• ggt-20240628_lab.xml (EX-101.LAB) — 33KB
• ggt-20240628_pre.xml (EX-101.PRE) — 22KB
• ggt-8k_062824_htm.xml (XML) — 3KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On June 18, 2024, The Gabelli Multimedia Trust Inc. (the "Fund") announced that the Board of Directors of the Fund approved a transferable rights offering which would allow the Fund's record date common shareholders to acquire additional shares of common stock (the "Offering"). Each shareholder will receive one transferable right (the "Right") for each share of common stock held on the record date of June 28, 2024. The number of Rights to be issued to a shareholder as of the close of business on the record date will be rounded up to the nearest number of Rights evenly divisible by four. Four Rights plus $5.00 (the "Subscription Price") will be required to purchase one additional share of common stock, par value $0.001 per share ("Common Shares") (the "Primary Subscription"). The purchase price will be payable in cash. Fractional Common Shares will not be issued upon the exercise of Rights. Record date shareholders who fully exercise their Primary Subscription Rights will be eligible for an over-subscription privilege entitling these shareholders to subscribe, at the same Subscription Price. On June 28, 2024, the Fund entered into a Rights Agent Agreement, dated June 21, 2024 (the "Rights Agent Agreement"), with Computershare Trust Company, N.A. (the "Rights Agent"), and an Information Agent Agreement, dated June 4, 2024 (the "Information Agent Agreement"), with Morrow Sodali LLC to provide services in connection with the Offering. The Offering is being made pursuant a prospectus supplement, dated June 28, 2024, 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

01 Other Events

Item 8.01 Other Events. On June 28, 2024, the Fund commenced the Offering pursuant to the Registration Statement. A copy of the opinion of Venable LLP relating to the validity of the Common Shares to be issued in the Offering is filed as Exhibit 5.1 to this report. The Fund incorporates by reference the exhibits filed herewith into the Registration Statement.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits 5.1 Opinion of Venable LLP 10.1 Rights Agent Agreement, dated June 21, 2024 10.2 Information Agent Agreement, dated June 4, 2024 23.1 Consent of Venable LLP (included in Exhibit 5.1) 99.1 Form of Notice of Guaranteed Delivery for Rights Offering 99.2 Form of Subscription Certificate for Rights Offering 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 1, 2024 By: /s/John C. Ball Name: John C. Ball Title: President and Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR