All Releases
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Ameritrans Capital Corporation's Stockholders Approve Issuance of up to $65 Million of Common Stock to Renova US Holdings Ltd. and Related Proposals
Jun 27, 2011
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NEW YORK--(BUSINESS WIRE)--
Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP), today announced
that, at a Special Meeting of the stockholders of Ameritrans Capital
Corporation ("Ameritrans") held on June 24, 2011, its stockholders
approved the issuance of up to $65 million of common stock to Renova US
...
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Ameritrans Capital Corporation Enters Into Definitive Agreements with Affiliate of Columbus Nova, LLC
Apr 13, 2011
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Announces Up to $65 million Equity Investment by Affiliates of
Columbus Nova
NEW YORK--(BUSINESS WIRE)--
Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP), a business
development company, today announced that an affiliate of Columbus Nova,
LLC, Renova US Holdings, Ltd. ("Renova")...
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Ameritrans Capital Corporation Appoints Michael Feinsod as Chairman
Nov 11, 2010
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NEW YORK--(BUSINESS WIRE)--
On November 10, 2010, the Board of Directors (the “Board”) of Ameritrans
Capital Corp. (“Ameritrans”) elected Michael Feinsod to serve as
Chairman of the Board. Mr. Feinsod replaces Ameritrans’ former chairman,
Gary Granoff, who resigned from the position of Chairman concurrently
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Ameritrans Capital Corporation Declares Dividend on 9 3/8% Cumulative Preferred Stock and Appoints Officers of Ameritrans and Elk Associates Funding Corporation
Jul 23, 2010
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NEW YORK, Jul 23, 2010 (BUSINESS WIRE) -- On July 21, 2010, the Board of Directors of Ameritrans Capital
Corporation (NASDAQ: AMTC, AMTCP) ("Ameritrans") declared a dividend of
$0.28125 per share on its 9 3/8% Cumulative Participating Redeemable
Preferred Stock ("Preferred Stock") for the quarterly period commencing
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Ameritrans Capital Corporation Terminates New York City Office Lease
May 24, 2010
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NEW YORK, May 24, 2010 (BUSINESS WIRE) -- Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP) today announced
that it had reached an agreement related to the termination of the lease
of its New York City office at 747 Third Avenue, New York, NY. As a
result of the termination, Ameritrans will pay approximately $260,000 of
...
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Ameritrans Capital Corporation Announces Preferred Stock Repurchase Program
May 17, 2010
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NEW YORK, May 17, 2010 (BUSINESS WIRE) -- On May 12, 2010, the Board of Directors of Ameritrans Capital
Corporation (NASDAQ: AMTC)(NASDAQ: AMTCP) approved a repurchase program
(the "Repurchase Program") for its 9 3/8% Cumulative Participating
Redeemable Preferred Stock ("Preferred Stock"). Under the Repurchase
Progra...
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Ameritrans Capital Corporation Declares Dividend on 9 3/8% Cumulative Preferred Stock
Apr 12, 2010
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NEW YORK, Apr 12, 2010 (BUSINESS WIRE) -- On April 9, 2010, the Board of Directors of Ameritrans Capital
Corporation (NASDAQ: AMTC, AMTCP) declared a dividend of $0.28125 per
share on its 9 3/8% Cumulative Participating Redeemable Preferred Stock
("Preferred Stock") for the quarterly period commencing January 1, 2010
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Ameritrans Capital Corporation Announces Completion of $975,000 Debt Financing
Mar 26, 2010
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NEW YORK, Mar 26, 2010 (BUSINESS WIRE) -- Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP) announced today the
completion of a private placement debt financing for the Company. The
financing consists of $975,000 8.75-percent (8.75%) notes due in March
2012. At the Company's option, the notes may be extended until March
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Ameritrans Capital Corporation Declares Dividend on 9 3/8% Cumulative Preferred Stock
Feb 25, 2010
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NEW YORK, Feb 25, 2010 (BUSINESS WIRE) -- On February 25, 2010, the Board of Directors of Ameritrans Capital
Corporation (NASDAQ: AMTC, AMTCP) declared a dividend of $0.84375 per
share on its 9 3/8% Cumulative Participating Redeemable Preferred Stock
("Preferred Stock") for the three quarterly periods commencing April 1,
...
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Ameritrans Capital Corporation Announces $2.025 Million Debt Financing
Dec 22, 2009
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NEW YORK, Dec 22, 2009 (BUSINESS WIRE) -- Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP) announced today the
completion of a private placement debt financing for the Company. The
financing consists of $2.025 million of 8.75-percent (8.75%) notes due
in December 2011. At the Company's option, the notes may be extended
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Ameritrans Announces Results of Special Meeting of Shareholders
Dec 10, 2009
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NEW YORK, Dec 10, 2009 (BUSINESS WIRE) -- Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP) announced today
that at a special meeting of stockholders the Investment Advisory and
Management Agreement between the Company and Velocity Capital Advisors,
LLC has been approved by the stockholders of the Company, and has now
...
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Ameritrans Announces Appointment of New Director
Dec 7, 2009
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NEW YORK, Dec 07, 2009 (BUSINESS WIRE) -- Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP) (the "Company")
today announced that its Board of Directors has increased the size of
Ameritrans' Board of Directors to ten members and has elected Elliott
Singer to serve as a new director to fill the vacancy created by the
...
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Ameritrans Capital Corporation Reports First Quarter Fiscal 2010 Results
Nov 16, 2009
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NEW YORK, Nov 16, 2009 (BUSINESS WIRE) -- Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP) today reported
financial results for the quarter ended September 30, 2009.
Highlights for First Quarter 2009:* Total investment income for the three months ended September 30, 2009
of $253,758.
* Net unrealized depreciation on investment...
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Ameritrans Capital Corporation Subsidiary Receives Commitment for SBA Guaranteed Debentures
Oct 26, 2009
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NEW YORK, Oct 26, 2009 (BUSINESS WIRE) -- Ameritrans Capital Corporation (Nasdaq: AMTC, AMTCP) announced today
that its wholly owned subsidiary, Elk Associates Funding Corporation, a
licensed Small Business Investment Company, received written approval
from the Small Business Administration that it had been granted a
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Ameritrans Capital Corporation Announces June 30, 2009 Financial Results
Sep 29, 2009
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NEW YORK, Sep 29, 2009 (BUSINESS WIRE) -- Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP) today reported
financial results for its fourth quarter and year ended June 30, 2009.
Financial Highlights
Q4-2009Q4-2008FY 2009FY 2008TotalPerShareTotalPerShareTotalPerShareTotalPerShare
Investment Income
$258,74...
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Ameritrans Capital Corporation Reports Third Quarter Fiscal 2009 Results
May 15, 2009
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NEW YORK, May 15, 2009 (BUSINESS WIRE) -- Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP) today reported
financial results for the quarter ended March 31, 2009.
Highlights for Third Quarter Fiscal 2009:* Total investment income for the three months ended March 31, 2009 of
$655,377.
* Net asset value per common share of $4.26 ...
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Ameritrans Capital Corporation Learns of Development
Apr 2, 2009
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NEW YORK, Apr 02, 2009 (BUSINESS WIRE) -- Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP) learned today that
Edward Stein has been charged with securities fraud by the Securities
and Exchange Commission ("SEC") in connection with an alleged Ponzi
scheme. The SEC obtained a court order freezing the assets of Mr. Stein
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Ameritrans Capital Corporation Declares Quarterly Dividend On 93/8 % Preferred Stock
Mar 20, 2009
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NEW YORK, Mar 20, 2009 (BUSINESS WIRE) -- The board of directors of Ameritrans Capital Corporation (NASDAQ: AMTC,
AMTCP) has declared a dividend of $0.28125 per share on its 9-3/8%
cumulative participating redeemable preferred stock $.01 par value,
$12.00 face value for the period January 1, 2009 through March 31, 2009.
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Ameritrans Capital Corporation Reports Second Quarter Fiscal 2009 Results
Feb 17, 2009
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NEW YORK, Feb 17, 2009 (BUSINESS WIRE) -- Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP) today reported
financial results for the quarter ended December 31, 2008.
Highlights for Second Quarter Fiscal 2009:* Total investment income for the three months ended December 31, 2008
of $970,744.
* Net asset value per common share of...
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Ameritrans Capital Corporation Declares Quarterly Dividend On 93/8 % Preferred Stock
Dec 22, 2008
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NEW YORK, Dec 22, 2008 (BUSINESS WIRE) -- The board of directors of Ameritrans Capital Corporation (NASDAQ: AMTC,
AMTCP) has declared a dividend of $0.28125 per share on its 9 3/8%
Cumulative Participating Redeemable Preferred Stock for the period
October 1, 2008 through December 31, 2008. The dividend is payable on or
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