EX-FILING FEES 4 tm2419815d3_ex99-xs.htm EXHIBIT 99.(S)

Exhibit (s)

Calculation of Filing Fee Tables

FORM N-2

(Form Type)

ARROWMARK FINANCIAL CORP.

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered and Carry Forward Securities

| Security | Security | Fee | Amount | Proposed | Maximum | Fee | Amount of | Carry | Carry | Carry | Filing Fee
| Type | Class Title | Calculations | Registered | Maximum | Aggregate | Rate | Registration | Forward | Forward | Forward | Previously
|  |  | or |  | Offering | Offering |  | Fee | Form | File | Initial | Paid in
|  |  | Carry |  | Price Per | Price(1) |  |  | Type | Number | Effective | Connection
|  |  | Forward |  | Unit |  |  |  |  |  | Date | with
|  |  | Rule |  |  |  |  |  |  |  |  | Unsold
|  |  |  |  |  |  |  |  |  |  |  | Securities
|  |  |  |  |  |  |  |  |  |  |  | to be
|  |  |  |  |  |  |  |  |  |  |  | Carried
|  |  |  |  |  |  |  |  |  |  |  | Forward
Newly Registered Securities
Fees to be | Equity | Common |  |  |  |  |  |  |  |  |  |
Paid |  | Stock, par |  |  |  |  |  |  |  |  |  |
|  | value |  |  |  |  |  |  |  |  |  |
|  | $0.001(2) |  |  |  |  |  |  |  |  |  |
| Equity | Preferred |  |  |  |  |  |  |  |  |  |
|  | Stock, par |  |  |  |  |  |  |  |  |  |
|  | value |  |  |  |  |  |  |  |  |  |
|  | $0.001(2) |  |  |  |  |  |  |  |  |  |
| Other | Subscription |  |  |  |  |  |  |  |  |  |
|  | Rights(3) |  |  |  |  |  |  |  |  |  |
| Debt | Debt |  |  |  |  |  |  |  |  |  |
|  | Securities(4) |  |  |  |  |  |  |  |  |  |
| Unallocated | Unallocated | 457(o) | $150,000,000(5) |  | $150,000,000(5) | $147.60 | $22,140 |  |  |  |
| (Universal) | (Universal) |  |  |  |  |  |  |  |  |  |
| Shelf | Shelf |  |  |  |  |  |  |  |  |  |
Total Offering Amounts | $150,000,000(5) |  | $22,140 |  |  |  |
Total Fees Previously Paid |  |  | $7,015.27 |  |  |  |
Total Fee Offsets |  |  | $15,124.73 |  |  |  |
Net Fee Due |  |  | $0 |  |  |  |

(1) Estimated pursuant to Rule 457 solely for the purposes of determining the registration fee. The proposed maximum offering price per security will be determined, from time to time, by the Registrant in connection with the sale by the Registrant of the securities registered under this Registration Statement.

(2) There is being registered hereunder an indeterminate number of shares of common stock or preferred stock as may be sold, from time to time.

(3) There is being registered hereunder an indeterminate number of subscription rights as may be sold, from time to time.

(4) There is being registered hereunder an indeterminate principal amount of debt securities as may be sold, from time to time. If any debt securities are issued at an original issue discount, then the offering price shall be in such greater principal amount as shall result in an aggregate price to investors not to exceed $150,000,000.

(5) In no event will the aggregate offering price of all securities issued from time to time pursuant to this Registration Statement exceed $150,000,000.

Table 2: Fee Offset Claims and Sources

| Registrant | Form or | File | Initial | Filing Date | Fee Offset | Security | Security | Unsold | Unsold | Fee Paid
| or Filer | Filing | Number | Filing Date |  | Claimed | Type | Title | Securities | Aggregate | with Fee
| Name | Type |  |  |  |  | Associated | Associated | Associated | Offering | Offset
|  |  |  |  |  |  | with Fee | with Fee | with Fee | Amount | Source
|  |  |  |  |  |  | Offset | Offset | Offset | Associated |
|  |  |  |  |  |  | Claimed | Claimed | Claimed | with Fee |
|  |  |  |  |  |  |  |  |  | Offset |
|  |  |  |  |  |  |  |  |  | Claimed |
Rule 457(p)
Fee Offset Claims | ArrowMark Financial Corp. | Form N-2 | 333- 251349(1) | December 14, 2020 |  | $15,124.73 | Unallocated (Universal) Shelf | Unallocated (Universal) Shelf | $102,471,047 | $102,471,047 |
Fee Offset Sources | ArrowMark Financial Corp. | Form N-2 | 333- 251349 |  | December 14, 2020 |  |  |  |  |  | $15,124.73

(1) The Registrant has terminated or completed any offering that included the unsold securities under the prior registration statement.