Welcome to our dedicated page for Special Opportunities Fund news (Ticker: SPE), a resource for investors and traders seeking the latest updates and insights on Special Opportunities Fund stock.
Special Opportunities Fund, Inc. reports closed-end fund developments tied to distributions, preferred-stock dividends and portfolio-related shareholder activity. The NYSE-listed fund seeks total return and holds a diversified portfolio that can include investment companies, common and preferred stocks, bonds, notes, warrants, rights and other securities.
News releases commonly cover year-end distributions payable in cash and stock, tax characterization of capital-gain distributions, Board-declared dividends on the Fund’s 2.75% Convertible Preferred Stock, Series C, and public engagement involving issuers held by the Fund or affiliated Bulldog Investors accounts.
Special Opportunities Fund (NYSE: SPE) has announced a dividend declaration. The Board of Directors has approved a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. This dividend is scheduled to be paid on June 28, 2024, to shareholders recorded by June 18, 2024.
Special Opportunities Fund, Inc. (NYSE: SPE) provides an update on the settlement of a class action lawsuit against FAST Acquisition Corp., approving a $12.5 million gross cash payment to former shareholders of FAST's class A common stock as of August 25, 2022. The net settlement distribution to stockholders is expected to exceed $0.50 per share, with a distribution timeline by June 30, 2024. Stockholders in the class do not need to take action to receive the distribution.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.