BANXR

ArrowMark Financial Corp. Rights represent securities issued alongside common stock, granting holders contractual abilities to purchase additional ArrowMark common shares at predetermined prices under specific conditions outlined in right agreements. Each right typically allows purchasing fractional common shares at nominal exercise prices, with rights becoming exercisable upon specific triggering events or remaining exercisable throughout issuance periods. Rights provide modest upside participation if ArrowMark's net asset value and stock price appreciate while limiting downside risk since rights cost minimally. Economic value depends on ArrowMark's investment performance, dividend sustainability, and stock price movements relative to net asset value. BANXR rights trade independently from ArrowMark common stock and preferred shares, allowing investors to construct precise exposure. Rights suit income-focused investors seeking leveraged exposure to ArrowMark's middle-market lending returns.