Corporate Profile for The MicroCap Fund Inc. dated Feb. 16, 1996.for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy An online information service that provides access to the Internet, e-mail and a variety of databases. Launched in 1988, Prodigy was the first consumer-oriented online service in the U.S. , Comtex, and many others. -0- Published date: Feb. 16, 1996 Company name: The MicroCap Fund Inc.
Address: 575 Fifth Avenue, 37th Floor
New York, N.Y.
Telephone No.: 800/888-6534 Chief Executive Officer: Kamal Mustafa Chief Financial Officer: Mark Behrman Investor Relations Contact: Christina Mariani Business Telephone Number: 800/888-6534 Trading Symbol: MCAP Industry: Financial Company description: The MicroCap microcap 1. Of or relating to the common stock of a company with a small capitalization, usually between $50 million and $250 million. Microcap stocks tend to experience volatile price movements and are subject to investment fraud schemes. Fund Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :MCAP MCAP Market Capitalization (public company valuation method) MCAP Monterey County AIDS Project (Monterey, CA) MCAP Manned/Unmanned Common Architecture Program (US Army AH-64 helicopter) ), is an innovative, non-diversified, closed-end business development company. Founded in March 1993, the company, commonly known as Mcap, provides bridge financing Bridge Financing A method of financing, used by companies before their IPO, to obtain necessary cash for the maintenance of operations. Notes: These funds are usually supplied by the investment bank underwriting the new issue. to companies that have successfully emerged from the development stage and are seeking funds for expansion capital and/or anticipated public offering. Mcap recognizes that many companies entering the public market often have limited access to expansion capital and as a result, may find themselves without adequate funds during this critical period. The Fund can fill this capital gap rapidly and efficiently and offer financing of $500,000 to $3 million per transaction. Mcap will analyze a company's performance, assess the strength of the underwriter, and design the appropriate means of financing. It also possesses the resources to provide additional capital if necessary. Mcap is an exciting company that not only provides bridge financing to candidate companies, but also allows its shareholders the opportunity to participate in investments that are normally "off limits". In addition, Mcap's management team provides a unique combination of investment banking and corporate disciplines to best serve the company's shareholders. Mcap structures its investments with protective covenants Protective covenant A part of an indenture or loan agreement that limits certain actions a company may take during the term of the loan to protect the lender's interests. protective covenant See covenant. , as used by commercial banks, while at the same time applying their collective knowledge of the securities markets to obtain attractive returns. Although Mcap's preferred exit strategy is a public offering of a company's common stock, Mcap's investments are designed to provide it with several alternative exits in order to reduce liquidity risk. Mcap is committed to helping growing companies maximize their opportunities, realize their potential, and fill a market niche. In the process, it is able to provide an outstanding investment opportunity to its shareholders. We believe The MicroCap Fund Inc. to be one of the only publicly traded bridge funds to provide such services to high-growth companies. Please contact us (800/888-6534) to discuss our services further and/or to arrange a meeting with Mcap at your earliest convenience. CONTACT: The MicroCap Fund Inc. Christina Mariani, 800/888-6534 or Fax: 212/551-3527 |
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