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home / news releases / SPE - Special Opportunities Fund Inc. Announces Completion of Rights Offering

SPE - Special Opportunities Fund Inc. Announces Completion of Rights Offering

Special Opportunities Fund Inc

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.

Based on preliminary results provided by American Stock Transfer & Trust Co., the Fund’s subscription agent, a total of 2,334,954 shares will be issued for which the Fund will receive a total of $58,373,850. It is anticipated that the shares will be issued within the next few days.

Additional information about the Fund is available on its website at http://www.specialopportunitiesfundinc.com .

View source version on businesswire.com: https://www.businesswire.com/news/home/20220124005482/en/

John Buckel, 414-765-4255
U.S. Bancorp Fund Services, LLC

Stock Information
Company Name: Special Opportunities Fund Inc
Stock Symbol: SPE
Market: NYSE
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