Company: GGT-PG
Filing Date: 2025-10-14
Form Type: 424B2
Source: 0001829126-25-008100
Chunk: 20

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-10-14
Form: 424B2
Chunk 20
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Common Stock

Currently, 196,750,000
shares of the Fund’s capital stock, which includes the common stock being registered with this registration statement, have
been classified by the Board of Directors of the Fund (the “Board”) or any duly authorized committee thereof as common
stock, par value $0.001 per share. Holders of the common stock are entitled to one vote per share held. Holders of the common
stock are entitled to share equally in distributions authorized by the Fund’s Board payable to the holders of such shares
and in the net assets of the Fund available on liquidation for distribution to holders of such shares. The shares of common stock
have noncumulative voting rights and no conversion, preemptive or other subscription rights, and are not redeemable. In the event
of liquidation, each share of Fund common stock is entitled to its proportion of the Fund’s assets after payment of debts
and expenses and the amounts payable to holders of the Fund’s preferred stock ranking senior to the shares of common stock
of the Fund. As of April 10, 2024, the net assets of the Fund attributable to its shares of common stock were $97,416,270.
As of April 10, 2024, 28,170,533 shares of common stock of the Fund were outstanding.

Preferred Stock

On December 18,
2019, the Fund completed the placement of $50,000,000 of the Series G Preferred and on September 26, 2017, the Fund completed
the placement of $50,000,000 of the Series E Preferred. On March 31, 2003, the Fund completed the placement of $25 million
of Series C Auction Rate Preferred. The Preferred Stock is senior to the common stock and results in the financial leveraging of
the common stock. Such leveraging tends to magnify both the risks and opportunities to common stockholders. Dividends on the Preferred
Stock are cumulative. The Fund is required by the 1940 Act and by the articles supplementary classifying and designating the series
of Preferred Stock (the “Articles Supplementary”) to meet certain asset coverage tests with respect to the Preferred
Stock. If the Fund fails to meet these requirements and does not correct such failure, the Fund may be required to redeem, in part
or in full, the Preferred Stock. For the Series C Auction Rate Preferred, the redemption price is $25,000 per share plus an amount
equal to any accumulated