EQS - Equus shareholders grant withdrawal of BDC election

Equus Total Return (NYSE:EQS) announces that shareholders, collectively holding 55.64% authorizes the Board of Directors to cause the company’s withdrawal of its election to be classified as a business development company. Company has examined a number of potential transactions in a variety of sectors, including energy, natural resources, containers and packaging, real estate, media, technology, and telecommunications. An operating company structure, in lieu of a closed-end fund structure, could be advantageous to Equus and its shareholders in various ways

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Equus shareholders grant withdrawal of BDC election