Mill City Ventures Announces $500 Million in Equity Financing to Advance SUI’s Financial Strategy

Mill City Ventures III, Ltd. (NASDAQ: MCVT), a non-bank lender and finance company, announced today that it has signed an equity facility agreement with AGP/Alliance Global Partners, an investor, which allows Mill City to sell up to $500 million of the company's common stock at its discretion, subject to certain restrictions and closing conditions. The proceeds from the equity facility, excluding a commitment fee, will be used to advance the company's SUI finance strategy.