abrdn Global Income Fund, Inc. (FCO) Announces Adjournment of Special Shareholder Meeting Relating to Proposed Reorganization

Rhea-AI Summary

abrdn Global Income Fund, Inc. (NYSE American: FCO) adjourned its Special Meeting of Shareholders held April 10, 2026, to solicit additional proxies and set a new meeting date for Monday, April 13, 2026 at 6:00 pm ET. Shareholders will vote on a proposed reorganization with abrdn Asia-Pacific Income Fund, Inc. (NYSE American: FAX) and the liquidation and dissolution of FCO.

The Board unanimously recommends voting for the reorganization and liquidation pursuant to the Joint Proxy Statement; supplemental proxy materials and the supplemented proxy statement are available on the SEC website for further details.

Positive

• Board unanimously recommends shareholders vote for the reorganization
• New adjourned meeting set for April 13, 2026 at 6:00 pm ET

Negative

• Special meeting adjourned due to need for additional proxies (quorum not met)
• Proposal would result in the liquidation and dissolution of FCO

News Market Reaction – FCO

+3.29%

+3.29% Session close to close

In the Apr 13 session, FCO gained 3.29%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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PHILADELPHIA, April 10, 2026 /PRNewswire/ -- abrdn Global Income Fund, Inc. (NYSE American: FCO) announces that the Special Meeting of Shareholders was held and adjourned today, to allow for the solicitation of additional proxies to achieve the requisite quorum. The Fund has set a new adjournment date for its Special Meeting of Shareholders of Monday, April 13, 2026, at 6:00 pm Eastern Time.

Shareholders of the Fund are being asked to vote on two proposals to approve:

1. An Agreement and Plan of Reorganization between the abrdn Global Income Fund, Inc. (NYSE American: FCO) and abrdn Asia-Pacific Income Fund, Inc. (NYSE American: FAX)
2. The liquidation and dissolution of FCO.

The Board of Directors unanimously recommends that you cast your vote for the reorganization and liquidation of the fund pursuant to the plan of Reorganization as described in the Joint Proxy Statement.

Shareholders are directed to the supplemental proxy materials that they will receive in the mail for further information. The proxy statement, as supplemented to date, is also available on the Securities and Exchange Commission's website, www.sec.gov.

Important Information

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.

The value at which a closed-end fund stock trades on a stock exchange is a function of external market factors that are not under the control of the Fund's Board or Investment Advisor. Closed-end fund shares may therefore trade at a premium or a discount to net asset value at any given time. Shareholders should be aware that a fund trading at a premium to net asset value may not be sustainable, and a fund's discount to net asset value can widen as well as narrow. Shareholders of a fund trading at a premium who participate in that fund's dividend reinvestment plan should note the reinvestment of distributions may occur at a premium to net asset value.

About Aberdeen Investments

Aberdeen Investments Global is the trade name of Aberdeen's investments business, herein referred to as "Aberdeen Investments" or "Aberdeen". In the United States, Aberdeen Investments refers to the following affiliated, registered investment advisers: abrdn Inc., abrdn Investments Limited, and abrdn Asia Limited.

Aberdeen Investments is one of the world's largest asset management firms with extensive experience in managing closed-end funds dating back to the 1980s. As of December 31, 2025, Aberdeen Investments had approximately $525 billion in assets under management.

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SOURCE Aberdeen Global Income Fund, Inc.

FAQ

Why was the FCO special shareholder meeting adjourned to April 13, 2026?

The meeting was adjourned to solicit additional proxies after the requisite quorum was not achieved. According to abrdn Global Income Fund, Inc., the adjournment allows time to collect votes before the new meeting on April 13, 2026 at 6:00 pm ET.

What are shareholders voting on at the FCO (NYSE American: FCO) special meeting?

Shareholders will vote to approve a reorganization with abrdn Asia-Pacific Income Fund and the liquidation of FCO. According to the company, two proposals include the Agreement and Plan of Reorganization and the liquidation and dissolution of FCO.

What did the board recommend for the FCO proposed reorganization and liquidation?

The Board unanimously recommended that shareholders vote for the reorganization and liquidation. According to the company, the Board supports the plan described in the Joint Proxy Statement and supplemental materials available on the SEC website.

When and how can FCO shareholders review materials about the reorganization (symbol FCO)?

Shareholders can review the supplemented proxy materials and proxy statement on the SEC website and by mail. According to the company, supplemental proxy materials are being mailed and the supplemented proxy statement is available at www.sec.gov.