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Herzfeld Caribbean Basin Fund - $CUBA STOCK NEWS

Welcome to our dedicated page for Herzfeld Caribbean Basin Fund news (Ticker: $CUBA), a resource for investors and traders seeking the latest updates and insights on Herzfeld Caribbean Basin Fund stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Herzfeld Caribbean Basin Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Herzfeld Caribbean Basin Fund's position in the market.

Rhea-AI Summary
The Herzfeld Caribbean Basin Fund (NASDAQ: CUBA) has announced an estimated subscription price of $2.57 for its Non-Transferable Rights Offering. Subscription Certificates and the Prospectus will be mailed to stockholders of record on November 3, 2023.
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Rhea-AI Summary
The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) has announced an estimated subscription price of $2.7919 for its Non-Transferable Rights Offering. Subscription Certificates and the Prospectus will be mailed to stockholders of record on November 3, 2023.
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Rhea-AI Summary
The Herzfeld Caribbean Basin Fund, Inc. announces the initial terms of its Non-Transferable Rights Offering and updates important dates. The Record Date for the Rights Offering will be November 3, 2023. The subscription period will begin on November 8, 2023, and end on November 29, 2023. The subscription price per share will be set at 92% of the average volume-weighted closing sale price on the Expiration Date and the four preceding trading days. Record Date stockholders who fully exercise their rights will be entitled to subscribe for additional shares of common stock. The Fund may increase the number of shares subject to subscription by up to 200% of the shares available. The Fund's Board of Directors has modified the Fund's Self-Tender Policy to allow for a tender offer for its shares of common stock after the conclusion of the Rights Offering.
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The Herzfeld Caribbean Basin Fund, Inc. announces initial terms of its Non-Transferable Rights Offering and Self-Tender Policy.
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Thomas J. Herzfeld Advisors announces non-transferable rights offer and suspension of Managed Distribution Policy
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Rhea-AI Summary
The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) has announced a distribution of $0.173625 per share to stockholders. The distribution was paid in cash or shares of the Fund's common stock, with approximately 80% paid in stock and 20% in cash. Stockholders who elected to receive the distribution in shares will receive about 0.0445 shares for each share they owned on the record date of May 22, 2023. Stockholders who elected to receive the distribution in cash will receive $0.06054 per share and 0.11308 shares of common stock for each share they owned on the record date. The total outstanding shares of the Company's common stock following the distribution will be approximately 7,150,673.
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Herzfeld Caribbean Basin Fund

Nasdaq:CUBA

CUBA Rankings

CUBA Stock Data

37.23M
15.13M
11.68%
38.71%
0.17%
Securities and Commodity Exchanges
Finance and Insurance
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United States of America
Miami Beach