PRINCETON CAPITAL CORP : Other Events (form 8-K)

Item 8.01. Other Events.

Termination of Dividend Reinvestment Plan

Princeton Capital Corporation (the "Company"), in accordance with the terms of its Dividend Reinvestment Plan ("DRIP") and by action of the Company's board of directors (the "Board"), at a Special Meeting of the Board held on October 17, 2022, terminated the DRIP, effective thirty (30) days after written notice of such termination is mailed to the Company's stockholders, which effective date is anticipated to be November 21, 2022 (the "Effective Date").

Upon the termination of the DRIP, all cash dividends or distributions on the Company's common stock with a record date for payment of such dividend or distribution after the Effective Date will be paid in cash rather than in shares of the Company's common stock.

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