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NexPoint Capital commences tender offer for common stock

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NexPoint Capital commences tender offer for common stock

NexPoint Capital Inc. commenced a voluntary tender offer for up to 2.5% of its outstanding common stock, which is equivalent to 260,732.403 shares.

The purchase price per share is not less than the net asset value per share of the company's common stock and not more than 2.5% greater than the NAV per share as of the expiration date of the offer, plus any unpaid dividends accrued through June 24.

The NAV per share was $9.01 as of May 1, which would amount to approximately $2.3 million for 2.5% of NexPoint Capital's common stock.

The tender offer will expire June 24.