Associated Capital Group Extends Record Date for its Shareholder Designated Charitable Contribution Program

GREENWICH, Conn.--(BUSINESS WIRE)--Associated Capital Group, Inc. (“AC”) (NYSE: AC) announced today it has extended the record date for its Shareholder Designated Charitable Contribution (“SDCC”) program to January 18, 2023 from December 31, 2022. This will allow shareholders more time to register their shares and take advantage of this program. Shareholders will have until January 18, 2023 to register shares directly with Computershare, AC’s transfer agent. In late January we expect to distribute a charitable contribution form that must be returned to AC no later than February 28, 2023 for the charitable contribution to be made.

Since its inception as a public company, through the SDCC, the shareholders of AC have donated approximately $34 million to over 160 different charities that address a broad range of local, national, and international concerns.

About Associated Capital Group, Inc.

Associated Capital Group, based in Greenwich, Connecticut, is a diversified global financial services company that provides alternative investment management through Gabelli & Company Investment Advisers, Inc. (“GCIA” f/k/a Gabelli Securities, Inc.). We have also earmarked proprietary capital for our direct investment business that invests in new and existing businesses. The direct investment business is developing along several core pillars, including: Gabelli Private Equity Partners, LLC (“GPEP”), formed in August 2017 with $150 million of authorized capital as a “fund-less” sponsor; and Gabelli Principal Strategies Group, LLC (“GPS”), created to pursue strategic operating initiatives.

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