Preferred Stock Calendar

On The Horizon

NUGENEREX IMMUNO-ONCOLOGY INC.:

• $25-par series A cumulative redeemable perpetual preferred stock at 13% (best efforts)

• Dawson James Securities, Inc. (bookrunner)

• Redeemable after three years at par; prior to that, within 120 days after a change of control at par

• Miramar, Fla.-based oncology company focused on the modulation of the immune system to treat cancer

GENEREX BIOTECHNOLOGY CORP.:

• $33 million of 13% series A cumulative redeemable perpetual preferred stock at $33.00 per share (best efforts)

• Dawson James Securities, Inc. (bookrunner)

• Redeemable on or after Sept. 15, 2023 at par; prior to that, within 120 days after a change of control at par

• Miramar, Fla.-based integrated health care holding company

QURATE RETAIL, INC.:

• Series A cumulative redeemable preferred stock at 8%

• Part of special cash dividend in the amount of $1.50 per common share and 0.03 of a share of new preferred stock

• Redeemable after 10 years at par; prior to that, after a tax event, tier 2 capital event or if the company is required to register as an investment company at par

• Tupelo, Miss.-based bank holding company

GLADSTONE INVESTMENT CORP.:

• Downsized $200 million of 6% $25-par notes due 2040

• Gladstone Securities, LLC (dealer manager)

• Ongoing, terminates either July 1, 2025 or when all notes are sold

• Redeemable at the option of the company or the holders

• McLean, Va.-based middle market investment company

DYNEX CAPITAL, INC.:

• Up to $50 million more of its 7.625% series B cumulative redeemable preferred stock and its 6.9% series C fixed-to-floating rate cumulative redeemable preferred stock (best efforts)

• Ladenburg Thalmann & Co. Inc. and JonesTrading Institutional Services LLC (bookrunners)

• Redeemable on or after April 15, 2025 at par; prior to that, within 120 days after a change of control

• Glen Allen, Va.-based real estate investment trust specializing in mortgage-backed securities

PROSPECT CAPITAL CORP.:

• $1 billion continuous $25-par preferred stock

• Preferred Capital Securities, LLC (dealer manager)

• Dividends payable monthly

• New York-based middle market investment company

EAGLE POINT CREDIT CO. INC.:

• Up to $25 million of 7.75% series B term preferred stock (at the market)

• B. Riley FBR, Inc. and National Securities Corp. (placement agents)

• Required to be redeemed on Oct. 30, 2026 at par; prior to that, after Oct. 29, 2021

• Greenwich, Conn.-based closed-end debt fund

GLADSTONE COMMERCIAL CORP.:

• Up to $500 million of series F cumulative redeemable preferred stock (continuous)

• Gladstone Securities (dealer-manager)

• Redeemable at $22.50 throughout the offering

• McLean, Va.-based real estate investment trust

GREAT WESTERN BANCORP, INC.:

• $50 million $1,000-par fixed-to-floating rate subordinated notes

• Piper Sandler & Co. (bookrunner)

• Redeemable after five years at par; prior to that, after a change in law that prevents the company from deducting interest, a tier 2 capital event or if the company is required to register as an investment company at par

• Springfield. Mo.-based bank holding company

MODULAR MEDICAL, INC.:

• Up to $50 million $25-par cumulative redeemable perpetual preferred stock at 13%

• Common stock purchase warrants of $6 million shares at $11.00 per share

• Redeemable after three years

• Escondido, Calif.-based medication delivery technology company

MITESCO, INC.:

• Up to $15 million 10% cumulative series A preferred stock

• CIM Securities (lead placement agent)

• Redeemable after three years

• Denver-based holding company specializing in health care

XOMA CORP.:

• 2 million $25-par depositary shares, or $50 million, each representing a 1/1000th interest in a share of 8.375% series B cumulative perpetual preferred stock

• B. Riley Securities, Inc. (agent)

• Redeemable in whole or in part at $26.00 per depositary share on or after April 15, 2022, at $25.75 beginning April 15, 2023, at $25.50 on or after April 15, 2024, at $25.25 beginning April 15, 2025 and at $25.00 on or after April 15, 2026; also callable at par within 90 days after a delisting event or 120 days after a change of control

• Emeryville, Calif.-based biotech company

BLUEROCK RESIDENTIAL GROWTH REIT, INC.:

• $500 million of 6.15% $25-par series T redeemable preferred stock

• New York-based real estate investment trust

SOTHERLY HOTELS LP:

• $25-par guaranteed senior notes due 2026 with 15% greenshoe

• Piper Sandler & Co. and Janney Montgomery Scott LLC (bookrunners)

• Williamsburg, Va.-based real estate investment trust

GREENIDGE GENERATION HOLDINGS INC.:

• $100 million of $25-par senior notes due 2026

• B. Riley Securities Inc. (bookrunner)

• Redeemable starting in 2023 at 102, then in 2024 at 101 and at par starting in 2025

• Dresden, N.Y.-based owner of a vertically integrated bitcoin mining and power generation facility

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