Articles from Special Opportunities Fund, Inc.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on March 31, 2025 to holders of record as of March 20, 2025.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on December 31, 2024 to holders of record as of December 19, 2024.

Special Opportunities Fund, Inc. (the “Fund”) (NYSE: SPE), announced today that its Annual Meeting of Stockholders will be held on December 11, 2024 at 11:00 a.m., Eastern time, at the offices of Blank Rome LLP, 1271 Avenue of the Americas, 16th Floor, New York, NY. Stockholders planning to attend the Meeting must register in advance by contacting John Buckel, U.S. Bank Global Fund Services at john.buckel@usbank.com no later than December 4, 2024 and agree to comply with the identification and security protocols required to enter the premises.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on September 30, 2024 to holders of record as of September 19, 2024.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on September 30, 2024 to holders of record as of September 18, 2024.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan.

Special Opportunities Fund, Inc. (the “Fund”) (NYSE: SPE) announced today that, at the annual meeting of stockholders of BNY Mellon Municipal Income (NYSE: DMF) held on June 12, 2024, (1) Phillip Goldstein, Andrew Dakos and Moritz Sell were elected as Class I Directors, (2) a non-binding proposal to declassify the Board was approved, and (3) a non-binding proposal to request that the Board consider measures to allow stockholders to monetize their shares at a price at or close to net asset value was approved

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on June 28, 2024 to holders of record as of June 18, 2024.

Special Opportunities Fund, Inc. (NYSE: SPE) is providing the following update regarding the settlement of a class action lawsuit filed in the Delaware Court of Chancery against FAST Acquisition Corp. (“FAST”). Additional information regarding the lawsuit is also available on the settlement website.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on March 28, 2024 to holders of record as of March 19, 2024.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on December 29, 2023 to holders of record as of December 19, 2023.

Special Opportunities Fund, Inc. (the “Fund”) (NYSE: SPE), announced today that its Annual Meeting of Stockholders will be held on December 7, 2023 at 11:00 a.m., Eastern time, at the offices of Blank Rome LLP, 1271 Avenue of the Americas, 16th Floor, New York, NY. Stockholders planning to attend the Meeting must register in advance by contacting John Buckel, U.S. Bank Global Fund Services at john.buckel@usbank.com no later than November 28, 2023 and agree to comply with the identification and security protocols required to enter the premises.

Special Opportunities Fund, Inc. (NYSE: SPE) today announced that it has dismissed its lawsuit against the board of directors of First Trust Dynamic Europe Equity Income Fund (NYSE: FDEU) following (1) stockholder approval of a transaction to substantially eliminate the trading discount in FDEU’s shares; and (2) rescission by the board of the control-share bylaw of FDEU and thirteen other closed-end funds managed by First Trust, which violated the Investment Company Act of 1940.

Special Opportunities Fund, Inc. (NYSE: SPE) today announced that it has reached a settlement of a class action lawsuit filed in the Delaware Court of Chancery against FAST Acquisition Corp. regarding the distribution of FAST’s net assets.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on September 29, 2023 to holders of record as of September 20, 2023.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on June 30, 2023 to holders of record as of June 21, 2023.

Special Opportunities Fund, Inc. (the “Fund”) (NYSE: SPE), announced today that effective immediately and, in accordance with Section 23(c) of the Investment Company Act of 1940, the Fund may, from time to time, purchase shares of its common stock and its convertible preferred stock, both without limitation, when they are trading at a discount to net asset value or to book value respectively, without reliance on the “safe harbor” provisions set forth in Rule 10b-18 of the Securities Exchange Act of 1934.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on March 31, 2023 to holders of record as of March 22, 2023.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on December 30, 2022 to holders of record as of December 20, 2022.

Special Opportunities Fund, Inc. (NYSE: SPE) today announced that it has entered into a standstill agreement with Delaware Enhanced Global Dividend and Income Fund (NYSE: DEX) in connection with the proposed reorganization of DEX into abrdn Global Dynamic Dividend Fund (NYSE: AGD).

Special Opportunities Fund, Inc. (the “Fund”) (NYSE: SPE), announced today that its Annual Meeting of Stockholders will be held on December 14, 2022 at 10:00 a.m., Eastern time, at the offices of Blank Rome LLP, 1271 Avenue of the Americas, 16th Floor, New York, NY. Stockholders planning to attend the Meeting must register in advance by contacting John Buckel, U.S. Bank Global Fund Services at john.buckel@usbank.com no later than December 5, 2022 and agree to comply with the identification, security and COVID-19 protocols required to enter the premises.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on September 30, 2022 to holders of record as of September 21, 2022.

Special Opportunities Fund, Inc. (NYSE: SPE) today announced that the parties to litigation over the dissolution of FAST Acquisition Corp. (NYSE: FST) have reached an agreement to prevent the distribution of the Company’s net assets to Class B shares until the Court rules on whether they must be equitably distributed to all stockholders.

Special Opportunities Fund, Inc. (NYSE: SPE) today announced that it has filed a class action lawsuit in the Delaware Court of Chancery against FAST Acquisition Corp. (NYSE: FST) to prevent certain insiders from appropriating FAST’s net assets through the dissolution of the Company.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on June 30, 2022 to holders of record as of June 21, 2022.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that its offer to purchase up to 1.25 million common shares of the Fund at 97% of the net asset value (“NAV”) per common share as determined at the close of the regular trading session of the New York Stock Exchange on April 1, 2022 expired at 5:00 p.m., Eastern Time on April 1, 2022. Based on information provided by American Stock Transfer & Trust Co., the depository for the Offer, a total of 7,549,920 common shares or approximately 59.39% of the Fund’s outstanding common shares were validly tendered. As the total number of common shares tendered exceeds 1.25 million common shares, approximately 16.56% of the shares tendered by each tendering shareholder were accepted for payment at a price of $15.69 per share (97% of the NAV per common share of $16.18).

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) announced today that its rights offering to purchase up to 2,542,593 shares of a newly issued class of Convertible Preferred Stock at $25.00 per share expired on January 21, 2022.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly dividends under the Fund’s managed distribution plan.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) announced today that it will issue to its common stockholders of record as of December 20, 2021 one transferable right for every five shares of common stock held (rounded up for fractional rights) entitling the holders of such rights to purchase an aggregate of 2,542,593 shares of a newly issued class of Convertible Preferred Stock.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a year-end cash dividend of $0.69763 per share of common stock which is estimated to consist of $0.30824 of long term capital gains, $0.28189 of short term capital gains and $0.1075 of net investment income.

Special Opportunities Fund, Inc. (the “Fund”) (NYSE: SPE), announced today that its Annual Meeting of Stockholders will be held on December 8, 2021 at 11:00 a.m., Eastern time, at the offices of Bulldog Investors, Park 80 West, 250 Pehle Avenue, Suite 708, Saddle Brook, NJ. Stockholders planning to attend the Meeting must register in advance by contacting John Buckel, U.S. Bank Global Fund Services at john.buckel@usbank.com not later than December 3, 2021 and agree to comply with the identification, security and COVID-19 protocols required to enter the premises. Stockholders who are unable to attend the Annual Meeting in person but wish to ask questions by telephone about the Fund’s operations should contact Mr. Buckel to obtain the dial-in details.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly dividends under the Fund’s managed distribution plan.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly dividends under the Fund’s managed distribution plan.

As previously announced, the Board of Directors (the “Board”) of Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”), in accordance with the “Optional Redemption” provision of the prospectus for the Fund’s Convertible Preferred Stock (the “Convertible Preferred), has determined to redeem all shares of the Convertible Preferred that are still outstanding at 5 pm EDT on July 9, 2021 at $25 per share. Holders of the Convertible Preferred may, until 5 pm EDT on July 9, 2021, convert their shares into shares of Common Stock at a ratio of 1.9558 (with cash paid in lieu of any fractional shares of common stock). As of the time of this release, the market price of the Convertible Preferred is approximately $29.50 per share which is significantly higher than $25 per share. Therefore, holders of the Convertible Preferred are advised to check the market price of both the Common Stock and the Convertible Preferred before determining whether and when to convert their shares into Common Stock.

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared a quarterly cash dividend of $0.21875 per share on the Fund’s 3.50% Convertible Preferred Stock, Series B (the “Convertible Preferred”). The dividend is payable on June 30, 2021 to holders of record as of June 21, 2021.