LINCOLN, Neb., Nov. 10, 2016 /PRNewswire/ -- Crossroads Capital,
Inc. (Nasdaq: XRDC) has filed its Quarterly Report on Form 10-Q for
the quarter ended September 30, 2016
with the U.S. Securities and Exchange Commission. A copy of
the Quarterly Report on Form 10-Q is available at www.xroadscap.com
within the Investor Relations tab.
The Company's Board of Directors has also authorized an
extension of the Company's $2 million
stock repurchase program for an additional six months to expire on
May 10, 2017. Under the
repurchase program, the Company is authorized to repurchase shares
of its common stock in open market transactions, including through
block purchases, depending on prevailing market conditions and
other factors. This stock repurchase program may be extended,
modified or discontinued at any time for any reason.
Furthermore, the repurchase program does not obligate the
Company to acquire any specific number of shares and all
repurchases will be made in accordance with SEC Rule 10b-18, which
sets certain restrictions on the method, timing, price and volume
of stock repurchases.
About Crossroads Capital, Inc.
Crossroads Capital,
Inc. (www.xroadscap.com) is a closed-end fund regulated as a
business development company under the Investment Company Act of
1940.
Investor Relations
Contact:
|
Ben H.
Harris
Chief Executive
Officer and President
|
|
(402)
261-5345
|
|
ben@xroadscap.com
|
Forward-Looking Statements
This press
release may contain statements of a forward-looking nature relating
to future events. These forward-looking statements are
subject to the inherent uncertainties in predicting future results
and conditions. These statements reflect Crossroads Capital's
current beliefs, and a number of important factors could cause
actual results to differ materially from those expressed in this
press release, including the factors set forth in "Risk Factors"
set forth in Crossroads Capital's Form 10-K and Form 10-Q filed
with the Securities and Exchange Commission ("SEC"), and subsequent
filings with the SEC. Please refer to Crossroads Capital's
SEC filings for a more detailed discussion of the risks and
uncertainties associated with its business, including but not
limited to the risks and uncertainties associated with investing in
micro- and small-cap companies. Except as required by the
federal securities laws, Crossroads Capital undertakes no
obligation to revise or update any forward-looking statements,
whether as a result of new information, future events or
otherwise. The reference to Crossroads Capital's website has
been provided as a convenience, and the information contained on
such website is not incorporated by reference into this press
release.
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SOURCE Crossroads Capital, Inc.