MMA Capital Management, LLC (NASDAQ: MMAC) today announced that, effective January 1, 2019, the Company will convert from a limited liability company to a Delaware corporation and will change its name to MMA Capital Holdings, Inc. This conversion was approved by the Company's shareholders on November 20, 2018, and, upon its completion, the Company will continue to trade on the NASDAQ Capital Market under the ticker symbol "MMAC."
Michael Falcone, MMA Capital's Chief Executive Officer stated, "The conversion to a corporation and rebranding to MMA Capital Holdings are additional steps in the process of increasing accessibility for shareholders and improving the overall liquidity of our shares. Taking these steps should hopefully increase the size of the Company's investor pool and potentially allow the Company to qualify for certain indices over time."
About MMAC
MMA Capital primarily invests in debt associated with renewable energy infrastructure and real estate. MMA Capital is externally managed and advised by Hunt Investment Management, LLC, an affiliate of Hunt Companies, Inc. For additional information about MMA Capital Management, LLC (NASDAQ: MMAC), please visit MMA Capital's website at www.mmacapitalmanagement.com. For additional information about Hunt Investment Management, LLC, please see its Form ADV and brochure (Part 2A of Form ADV) available at https://www.adviserinfo.sec.gov.
