MMA Capital Announces Reminder of Corporate Actions
BALTIMORE, Sept. 30, 2014 /PRNewswire/ -- MMA Capital Management, LLC (OTCQB: MMABD) ("MMA Capital" or the "Company,"), a Delaware limited liability company, today announced the completion of a one-for-five (1-for-5) reverse stock split and a name change to MMA Capital Management, LLC, effective yesterday, September 29, 2014.
As a result of the reverse stock split, there may be limited trading of the Company's shares while third party brokers update their internal systems to reflect the new corporate name and our new security identification. Although we will retain the trading symbol MMAB while we remain on the OTC Market, the letter "D" will be attached to our ticker symbol for 20 business days due to the reverse stock split, at which point the "D" will be removed. We appreciate investors' patience while the transition for the reverse stock split is implemented by your financial provider.
Also as a reminder, the Company's website homepage is now www.mmacapitalmanagement.com and our former homepage, www.munimae.com, will automatically redirect to the new web address.
Cautionary Statement Regarding Forward-Looking Statements
This Release contains forward-looking statements intended to qualify for the safe harbor contained in Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements often include words such as "may," "will," "should," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "seek," "would," "could," and similar words or are made in connection with discussions of future operating or financial performance.
Forward-looking statements reflect our management's expectations at the date of this Release regarding future conditions, events or results. They are not guarantees of future performance. By their nature, forward-looking statements are subject to risks and uncertainties. Our actual results and financial condition may differ materially from what is anticipated in the forward-looking statements. There are many factors that could cause actual conditions, events or results to differ from those anticipated by the forward-looking statements contained in this Release. These factors include changes in market conditions that affect the willingness of potential investors or lenders to provide us with debt or equity, changes in market conditions that affect the value or marketability of assets we own, changes in market conditions or other factors that affect our access to cash that we may need to meet our commitments to other persons, changes in interest rates or other conditions that affect the value of mortgage loans we have made, changes in interest rates that affect our cost of funds, tax laws, environmental laws or other conditions that affect the value of the real estate underlying mortgage loans we own, and changes in tax laws or other things beyond our control that affect the tax benefits available to us and our investors. Readers are cautioned not to place undue reliance on forward-looking statements. We have not undertaken to update any forward-looking statements in this Release.
MMA CAPITAL: INTEGRITY. INNOVATION. SERVICE.
www.mmacapitalmanagement.com
SOURCE MMA Capital Management, LLC
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article