©2013 CoNimby™ Corporation Not Listed
Corporation is a private firm specializing in Research, Development and Operations of smallrapidly growing companies
is electing to be subject to sections 55 through 65 of the
Investment Company Act of 1940 by filing Business Development Company (“BDC”) status.
CoNimby™ will be a global business development company (“BDC”) offering a variety of investment
structures, with a primary focus on impact investing in small rapidly growing companies around theglobe who generate revenue and positive cash flow
. CoNimby™ will also financially sponsor funds for
private equity investments, acquisitions, leveraged buyouts, management buyouts, recapitalization andgrowth financing.
CoNimby’s management team has a unique mix of finance and operating expertise in a wide range of
industries. Our portfolio contains, develops and invests in many business sectors includingcommunications, services, franchising, fashion, bioengineering, technology, distribution, entertainmentand others.We understand the importance of evaluating transactions quickly, following through on ourcommitments, and closing deals on time.
CoNimby™ charges a total operating expense of 3% of total assets under management and 20% of
Any funds developed, managed or financially sponsored in the future by CoNimby™ will have an
approximate 1.5% management fee.These fees, covering all operating expenses including compensation, are paid directly by the BDC tointernal management staff and are disclosed to shareholders via quarterly and annual SEC filings.Shareholders have the ability to vote on compensation issues.
CoNimby™ will s
eek SBIC licenses to gain access to low interest rate debentures through the SBA. SBAdebentures are low interest, 10-year, fixed rate, and non-callable. SBICs are eligible to receive up tothree times their equity capital in the form of debentures. SBA regulations allow licensees to havemultiple SBIC licenses with a maximum of $225 million in debentures.
Once a public offering of securities is made as a Business Development Company,
CoNimby™ will seek to
elect a quarterly dividend of $.25, an annual of $1.00 per share. Before a public offering of securities ismade as a Business Development Company,
CoNimby™ is closing deals to increase the company’s book
value per share or Net Asset Value (NAV).