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BlackRock Income Trust, Inc. (BKT) Announces Results of its Over-subscribed Rights Offering
Businesswire·2025-10-21 10:45

NEW YORK--(BUSINESS WIRE)---- BKT−−BlackRockIncomeTrust,Inc.(NYSE:BKT)(the"Fund")todayannouncedthesuccessfulcompletionofitstransferablerightsoffer(the"Offera^€)whichexpiredonOctober20,2025(the"ExpirationDatea^€).TheOfferentitledrightsholderstosubscribeforuptoanaggregateof8,097,238sharesoftheFund′scommonstock,parvalueofBKT--BlackRock Income Trust, Inc. (NYSE: BKT) (the "Fund") today announced the successful completion of its transferable rights offer (the "Offer†) which expired on October 20, 2025 (the "Expiration Date†). The Offer entitled rights holders to subscribe for up to an aggregate of 8,097,238 shares of the Fund's common stock, par value of 0.01 per share (each, a "Common Share†). The final subscription price of $10.76 per Common Share was determined based upon the formula e ...