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Fidus Investment Earns $43.7 Mln in Total Proceeds From Stock Sale

Fidus Investment ( FDUS ) has received a total of $43.7 million from the public stock offering that included the underwriters' move to exercise in full their option to purchase 375,000 additional shares.

The proceeds will be used to make investments in lower middle-market companies, repay outstanding debt under the firm's credit facility, to take advantage of the increase in allowable borrowing under the Small Business Investment Company debenture program and for working capital and general corporate purposes.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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