Full
Circle Capital Corporation (FULLL) is a closed-end investment
management company that invests in and provides debt and equity
financing to small and lower middle-market companies. The company's
investment portfolio includes a range of debt and equity securities in
companies operating in various industries, including healthcare,
energy, and business services.
Full Circle Capital Corporation
was founded in 2010 and is headquartered in Crum Lynne, Pennsylvania.
The company was facing some financial challenges due to the impact of
the COVID-19 pandemic on the economy. The company's net investment
income for the fiscal year 2020 was $1.5 million, representing a
decline from $4.4 million in the previous year. Net loss for the same
period was $4.6 million, a decline from a net loss of $0.8 million in
the previous year.
Full Circle Capital Corporation has a market
capitalization of approximately $2 million as of my knowledge cutoff
of September 2021, and its stock is listed on the OTC Pink market
under the ticker symbol FULLL.
Investment management companies
are subject to various risks, including market risks, credit risks,
and interest rate risks. The COVID-19 pandemic has also posed
significant challenges for the economy and financial markets. However,
Full Circle Capital Corporation's focus on investing in small and
lower middle-market companies and its efforts to address its financial
challenges should position it for improved performance in
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