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Stock impact report

Saba Capital Income & Opportunities Fund (BRW) Announces Preliminary Results of Rights Offering

Saba Capital Income & Opportunities Fund SBI (BRW) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, today announced the preliminary results of its successful transferable rights offer (the “Offer”) which expired on October 28, 2025 (the “Expiration Date”).The subscription price for the Fund’s common shares of beneficial interest, without par value (the “Common Shares”), to be issued was $7.26 per Common Share, which was equal to 87.5% of the Fund’s net asset value per Common Share at the close of trading on the New York Stock Exchange (“NYSE”) on the Expiration Date. Gross proceeds received by the Fund, before any expenses of the Offer, are expected to total approximately $78.7 million.The information in this press release is not complete and is subject to change. This document is not an offer to sell any securities and is not soliciting an offer to buy any securities in any jurisdiction where t Show less Read more
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