ABRDN GLOBAL INFRASTRUCTURE INCOME FUND (ASGI) ANNOUNCES CLOSING AND REORGANIZATION OF ABRDN JAPAN EQUITY FUND, INC. (JEQ)
abrdn Global Infrastructure Income Fund (NYSE: ASGI) completed the reorganization of abrdn Japan Equity Fund (NYSE: JEQ) after market close on October 10, 2025. JEQ common shareholders received ASGI common shares equal in aggregate NAV to their JEQ holdings based on a conversion ratio of 0.378399 and an ASGI NAV per share of $20.9590 as of 10/10/25.
There are no proposed changes to ASGI's investment objective, strategies, structure, or policies following the reorganization. The release notes standard closed-end fund risks and states this information is not an offer to sell securities.
abrdn Global Infrastructure Income Fund (NYSE: ASGI) ha completato la riorganizzazione del abrdn Japan Equity Fund (NYSE: JEQ) dopo la chiusura di mercato il 10 ottobre 2025. Azionisti comuni di JEQ hanno ricevuto azioni ordinarie ASGI in valore netto complessivo equivalente alle loro partecipazioni JEQ basato su un rapporto di conversione di 0,378399 e su una NAV per azione di ASGI di $20,9590 al 10/10/25.
Non ci sono proposte modifiche all'obiettivo di investimento, alle strategie, alla struttura o alle politiche di ASGI a seguito della riorganizzazione. Il comunicato riporta i rischi standard dei fondi chiusi e afferma che queste informazioni non costituiscono un'offerta di vendita di titoli.
abrdn Global Infrastructure Income Fund (NYSE: ASGI) completó la reorganización del abrdn Japan Equity Fund (NYSE: JEQ) después del cierre del mercado el 10 de octubre de 2025. Los accionistas comunes de JEQ recibieron acciones comunes ASGI equivalentes en valor neto razonable a sus participaciones JEQ basadas en una relación de conversión de 0,378399 y en un NAV por acción de ASGI de $20,9590 al 10/10/25.
No hay cambios propuestos en el objetivo de inversión, las estrategias, la estructura o las políticas de ASGI tras la reorganización. El comunicado señala los riesgos estándar de los fondos cerrados y indica que esta información no constituye una oferta para vender valores.
abrdn Global Infrastructure Income Fund (NYSE: ASGI)는 abrdn Japan Equity Fund (NYSE: JEQ)의 재구성을 시장 마감 후 2025년 10월 10일에 완료했습니다. JEQ 일반 주주는 0.378399의 변환 비율과 10/10/25 시점의 ASGI 주당 순자산가치(NAV) $20.9590를 바탕으로 총 NAV과 동일한 ASGI 일반주를 받았습니다.
재구성 이후 ASGI의 투자 목표, 전략, 구조 또는 정책에는 제안된 변경이 없습니다. 공시는 일반 폐쇄형 펀드의 위험을 표기하고 이 정보가 증권 판매를 제안하는 것이 아니라고 명시합니다.
abrdn Global Infrastructure Income Fund (NYSE: ASGI) a finalisé la réorganisation du abrdn Japan Equity Fund (NYSE: JEQ) après la clôture du marché le 10 octobre 2025. Les actionnaires ordinaires de JEQ ont reçu des actions ordinaires ASGI équivalentes en valeur nette d'inventaire à leurs participations JEQ selon un ratio de conversion de 0,378399 et une NAV par action d'ASGI de $20,9590 au 10/10/25.
Il n'y a pas de changements proposés à l'objectif d'investissement, aux stratégies, à la structure ou aux politiques d'ASGI à la suite de la réorganisation. Le communiqué rappelle les risques standard des fonds fermés et indique que ces informations ne constituent pas une offre de vendre des valeurs mobilières.
abrdn Global Infrastructure Income Fund (NYSE: ASGI) hat die Reorganisation des abrdn Japan Equity Fund (NYSE: JEQ) nach Handelsschluss am 10. Oktober 2025 abgeschlossen. Die JEQ-Stammaktionäre erhalten ASGI-Stammaktien in insgesamt NAV-äquivalenten Werten zu ihren JEQ-Beständen basierend auf einem Umtauschverhältnis von 0,378399 und einem ASGI NAV pro Aktie von $20,9590 zum Stichtag 10/10/25.
Es gibt nach der Reorganisation keine vorgeschlagenen Änderungen des Anlageziels, der Strategien, der Struktur oder der Richtlinien von ASGI. Die Mitteilung verweist auf die üblichen Risiken eines geschlossenen Fonds und stellt klar, dass diese Informationen kein Angebot zum Verkauf von Wertpapieren darstellen.
abrdn Global Infrastructure Income Fund (NYSE: ASGI) أكمل إعادة تنظيم صندوق abrdn Japan Equity Fund (NYSE: JEQ) بعد إغلاق السوق في 10 أكتوبر 2025. تلقّى حملة الأسهم العادية في JEQ أسهم عادية من ASGI بمكافئ صافٍ لإجمالي قيمة أسهم JEQ وفقاً لنسبة تحويل قدرها 0.378399 ونقطة NAV للسهم الواحد من ASGI تبلغ $20.9590 كما في 10/10/25.
لا توجد تغييرات مقترحة على هدف الاستثمار أو الاستراتيجيات أو الهيكل أو السياسات الخاصة بـ ASGI بعد إعادة التنظيم. وتذكر النشرة مخاطر الصناديق المغلقة القياسية وتذكر أن هذه المعلومات ليست عرضاً لبيع الأوراق المالية.
abrdn Global Infrastructure Income Fund (NYSE: ASGI) 在市场收盘后完成了对 abrdn Japan Equity Fund (NYSE: JEQ) 的重组，时间为 2025年10月10日。JEQ普通股股东按转换比率 0.378399 和 ASGI 每股净资产 (NAV) 为 $20.9590（截至 10/10/25）获得等值的 ASGI普通股。
重组后，ASGI 的投资目标、策略、结构或政策没有提议的变动。公告还列出常规的封闭式基金风险，并声明此信息并非出售证券的要约。
- Reorganization completed on October 10, 2025
- Conversion ratio set at 0.378399
- ASGI NAV per share $20.9590 (10/10/25)
- No changes to ASGI investment objective or policies
- None.
Insights
An asset-level reorganization completed; shareholders of JEQ were converted into ASGI shares at NAV, with limited immediate change to strategy.
The transaction exchanged **abrdn Japan Equity Fund, Inc. (JEQ)** common shares for **abrdn Global Infrastructure Income Fund (ASGI)** common shares using a conversion ratio of 0.378399 based on an Acquiring Fund NAV per share of
There are no stated changes to the Acquiring Fund’s investment objective, strategies, structure, or policies. That limits immediate operational impact and reduces execution risk tied to strategy shifts. Key dependencies and risks include possible market-price versus NAV divergence for closed-end funds, and any integration of portfolio holdings (not detailed) that could affect liquidity or tax attributes for former JEQ holders.
Watch for: any post-closing disclosure of portfolio-level changes, realized tax events reported for the
In the reorganization, common shareholders of JEQ received an amount of ASGI common shares with a net asset value equal to the aggregate net asset value of their holdings of JEQ common shares, as determined at the close of regular business on October 10, 2025.
Relevant details pertaining to the reorganization are as follows:
|
Acquiring Fund |
Acquired Fund |
Acquiring Fund |
Conversion Ratio |
|
ASGI |
JEQ |
|
0.378399 |
There are no proposed changes to the current investment objective, strategies, structure, or policies of the Acquiring Fund as a result of the reorganization.
Important Information
In
The information in this press release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities or the solicitation of any vote or approval in any jurisdiction pursuant to or in connection with the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Closed-end funds are traded on the secondary market through one of the stock exchanges. A Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that a Fund will achieve its investment objective. Past performance does not guarantee future results.
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SOURCE Aberdeen Investments
FAQ
When did ASGI complete the reorganization of JEQ (NYSE:ASGI, JEQ)?
What conversion ratio was used to convert JEQ shares into ASGI shares?
What ASGI net asset value per share was used for the JEQ reorganization on 10/10/25?
Will ASGI change its investment objective or policies after acquiring JEQ?
How were JEQ shareholders compensated in the reorganization with ASGI (ASGI symbol)?
